Universities often have a technology transfer office to evaluate, patent and commercialize inventions developed at the university. In some cases this has resulted in large royalty payments to the university and/or inventor. Since it is expensive to patent a technology and to license it, the technology transfer office must carefully consider the efficacy and commercial potential of faculty inventions. I, personally, have had inventions of mine handled by such offices and have earned substantial royalties. I am particularly adept at assessing new medical technology and negotiating licenses with industry.