An online, and therefore distributed, technology transfer department accessible by multiple inventive entities is provided. The systems and methods of the invention provide a comprehensive interface to a remote application that collects information related to inventions, ranks the inventions, solicits approval for pursuing intellectual property protection, funding, financing, commercializing or otherwise exploiting the invention, solicits bids from a stable of service providers, manages the award of contracts to provide services, facilitates collaboration between users internal and external to the inventive entities and between different entities, implements security protocols, and reports government funded inventions to the appropriate regulatory agencies, and manages intellectual property portfolios. Each inventive entity may specify the level of control to be retained to utilize the distributed technology office application as a supplement for or as a substitute for full time technology transfer personnel.