MITO TechnologyLeader Work Package 5
MITO Technology is a spin-off company of the Polytechnic University of Milan, the University of Padua and the University of Calabria; 3M Italia S.p.a. and the management team are also shareholders.
MITO is a typical example of IP exploitation vehicle created by a group of universities not producing sufficient critical mass of exploitable IP needing a model of IP pooling for the management of their intangible assets via a jointly created separate legal entity to outsource that role.
MITO was created to address a need felt at university level in Italy to access professional management of IP and an effective licensing practice, out of technology push marketing efforts. MITO now works with more than 25 institutions in Italy (both public and private) commercialising their technologies on their behalf (clustering model). MITO is a member of the ASTP-Proton Board. MITO vice president was a board member of Netval (the Italian network of TTO) and advises the association on developing a TT culture within universities and PROs.