Oklahoma § 74-5064.4 - Program - Establishment - Purposes

§ 74-5064.4. Program - Establishment - Purposes

A. The Oklahoma Department of Commerce shall establish a

program to provide assistance to inventors. On July 1, 1998, all

powers, duties, responsibilities, files, and records relating to the

inventors assistance program shall be transferred to the Oklahoma

Center for the Advancement of Science and Technology (OCAST).

B. The program shall be designed to:

1. Attract inventors from throughout this state, the nation and

other countries and encourage them to submit their proposals for

review and evaluation;

2. Provide assistance to inventors whose proposals are accepted

which shall include patent searches, market analysis, product

research and development, assistance in obtaining financing,

business counseling, and any other assistance necessary to develop

the product to the commercial stage which is not prohibited by the

Constitution or laws of this state and further to protect both the

state and the inventor, this section would require a provisional

patent application or patent application be on file with the U.S.

Patent Office before the state will review proposal;

3. Provide assistance and training to inventors to enable the

manufacturing, marketing and distribution of their product;

4. Direct inventors to the Inventors Development Society, the

Oklahoma Inventors Congress, or other similar organizations for

assistance; and

5. Improve the entrepreneurial skills of the state's workforce

in order to foster innovation, product development and new high

quality jobs.

Added by Laws 1987, c. 121, § 4, eff. Nov. 1, 1987. Amended by Laws

1994, c. 322, § 28, emerg. eff. June 8, 1994; Laws 1998, c. 250, §

1, eff. July 1, 1998.

Oklahoma Statutes - Title 74. State Government