The purpose of any TCO (or Technology License Office, TLO, as some universities call them) is to create as much commercialization success as possible.

FORBES: How To Fund Commercialization of University Research? Crowdfunding, of Course!

Litan points out that one of the big disadvantages of the traditional TLO model is that the TLO exerts the entire control over which innovations reach the market, in what form, and how fast.

FORBES: How To Fund Commercialization of University Research? Crowdfunding, of Course!