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technology transfer
What is the transference of technology?
The technical way of giving proprietary product designs to
companies for commercialization is technology transfer.
Technology transfer is a fundamental tool in almost all
areas of life. It meets the requirements of essential industries such as drugs
to software, artificial intelligence to essential agricultural products, and so
on.
Marketing takes place after the product has left its home
organization and is on the market. This is an essential concept of intellectual
property. This is when the designers of a technology patent the rights to their
design in order to grant them a license to make it available on the market for
use in society.
These technology transfers can occur between universities,
governments, companies, across geopolitical borders in a formal, informal, open
and confidential manner.
Types of technology transfer
1. Horizontal technology transfer
It is associated with the transfer of technologies from one
domain to another.
2. Vertical technology transfer
It is linked to the movement of technologies from applied
research centers to R&D departments.
How technology transfer works
The Technology Transfer Office (TTO, "Tech
Transfer" or "TechXfer") in companies or ventures is dedicated
to analyzing research with potential business interests and strategies and then
finding ways to exploit this research
Therefore, if the research serves scientific and commercial
interests, the OTT offers specific practical processes and business value, as
patents are generally only granted for practical processes.
The technology transfer process for commercially exploited
research may include licensing agreements, the creation of joint ventures and
partnerships to share risks and rewards so that new technologies can enter the
market.
Activities carried out by the TTO of the Technology Transfer Office
TTO works with attorneys to secure patents and other
intellectual property rights.
Technology transfer professionals assess the commercial
potential of new inventions
Technology transfer professionals commercialize available
technologies to potential licensees and partners,
TTO educates researchers on marketing principles and
strategies
TTO helps in the creation and development of new teacher
companies
Technology transfer professionals obtain funding for early
stage research and start-up
Technology transfers involve the negotiation of partnerships
and license agreements.
TTO organizes business plan and startup competitions
Technology transfer contributes to the construction of
innovation ecosystems and support structures that promote innovation and
economic development
TTO is involved in creating programs that encourage students
and teachers to innovate in laboratories and manufacturing spaces, so that
business engagement occurs in such a way that these technologies and
innovations can be brought to market.
Central principles of technology transfer
The central principles around which the idea of technology
transfer is articulated are the following:
1. The revelation of technology
One of the first steps in the transfer process is to create
creative technology in the first place. It is always advisable to disclose the
design of the new technology to the parent organization before submitting it.
2. Evaluation of technology disclosures
Once the intellectual property rights in a product design
technology have been acquired, market analysis is an important step. Market
research enables them to respond to similar products on the market, ideal
resources to employ, and potential investors for them.
3. Criteria for patenting
Patenting serves as a necessary license for the designer's
creativity. It serves as a negotiation with the State to allow the
commercialization of the invented design. The inventor obtains this patent in
the form of economic payment from the purchasers of the design.
This gives the inventor security against theft of the
creative license and a similar product designed on the market. This is the
longest part of the transfer process.
4. Industrial commitment
Whether it's reserving the technology for yourself and
building an organization around it, or licensing it to a business partner, it's
always confusing.
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