The value of immaterial assets is selected in property of subjects of manage in modern terms. The role of universities in world practice of commercialization of objects of intellectual property is determined certainly. The problems of Ukrainian universities scientific and technical developments commercialization are defined. The inventive activity of domestic universities isanalyzed after the amount of the given requests on inventions and useful models. A procedure for the commercialization of scientific and technological development of universities is suggested, which will provide organization of intellectual capital flow at the mutually beneficial actions of all participants of process of creation of market product from the objects of intellectual property