Category: Technology Transfer

Technology transfer is the process of sharing or disseminating technological knowledge, innovations, and capabilities from one organization, entity, or sector to another. This can occur between different organizations, such as universities, businesses, research institutions, and government agencies, and can involve various forms of technology, including processes, products, and know-how.

The goal of technology transfer is often to facilitate the commercialization of research and development outcomes, promote economic growth, enhance competitiveness, and advance societal welfare by ensuring that advancements in technology are effectively utilized and adapted for practical applications. This process can take various forms, such as licensing agreements, partnerships, collaborative research, or the establishment of spin-off companies.

Technology transfer plays a crucial role in innovation ecosystems, bridging the gap between theoretical research and practical implementation, and is vital for fostering advancements in fields such as healthcare, information technology, engineering, and environmental science.