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>> Bruce Goldstein: My name is Bruce Goldstein. I'm discussing technology transfer, and in this segment, I’m going to be talking about transactional agreements that are intended to enable research. So why do we bother doing these transactional agreements? Well, the primary reasons are to share the information or materials. Generally speaking, many scientists think that the materials in their lab are their materials. Well, no, it's usually your employer's materials. So, in order to give those away, you generally need some permission. It authorizes collaboration. It's great if you can do a collaboration by handshake, but the reality is, in some cases, you can't. You need permission to do that. You also need these agreements to avoid damaging your patent rights. I mentioned in another segment that simply having a conversation with a colleague -- if you don't have one of these agreements in place, you might have just blown up your invention rights. Another big thing that happens with the...
