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Featured in the Yeditepe University Technology Transfer Office YUTTO Bulletin

Vircon Legal — Events

Our Managing Partner Erdem Mümtaz Hacıpaşaoğlu was featured in the third issue of the Yeditepe University Technology Transfer Office (YUTTO) Bulletin — a periodic publication tracking the technology transfer, university spinout and early-stage entrepreneurship activity within Yeditepe’s research ecosystem.

The central thesis of the piece was clear: technology transfer offices sit at one of the most legally complex moments in a university ecosystem — where academic IP, founder equity, university licensing terms, public funding obligations and private investor expectations all meet — and the universities that build a working legal posture early outpace their peers in spinout outcomes.

The TTO legal architecture

The piece covered the structural pieces a working TTO has to get right: IP ownership baselines, academic founder equity rules, university licensing terms, founder-side conflict-of-interest management, and the cap table implications of public-funding sources at incorporation.

Why this matters for the broader ecosystem

Closing the contribution, Mümtaz emphasized that TTOs are one of the highest-leverage legal interfaces in any technology ecosystem: a single clean licensing framework at the university level can unlock dozens of spinouts over a decade, while a poorly-designed one quietly costs the same number of ventures by adding friction that founders prefer to avoid altogether.

Author

  • Erdem Mümtaz Hacıpaşaoğlu

    Mümtaz is the Managing Partner of Vircon Legal, which he founded in 2016. He advises founders, investors and operators on financing rounds, M&A, cross-border incorporations and regulated verticals — including crypto-asset infrastructure, fintech and games — bringing a former startup founder's perspective to every engagement.

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Published: 15 September 2021 · last updated: 12 June 2026
This article is for general informational purposes only and does not constitute legal advice. Laws and practices may have changed since the publication date. For specific situations, please consult Vircon Legal.
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