Licensing approaches, even for comparable technologies, can vary considerably from case to case and from institution to institution based on circumstances particular to each specific invention, business opportunity, licensee and university. In spite of this uniqueness, universities share certain core values that can and should be maintained to the fullest extent possible in all technology transfer agreements. In the summer of 2006, Stanford University’s then Dean of Research Arthur Bienenstock convened a small meeting of research officers, licensing directors and a representative from the Association of American Medical Colleges to brainstorm about important societal, policy, legislative and other issues in university technology transfer..