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Technology transfer

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Technology transfer, often called transfer of technology (TOT), is the process of moving technology from its original owner to a new user. This movement helps turn scientific outcomes and inventions into real products or services for society. It is closely linked to knowledge transfer, which is the sharing of information. Modern technology transfer is often a collaborative process. This is because solving global challenges requires global solutions. The process acts as a bridge. It connects innovation stakeholders to move inventions from creators to both public and private users.

The process follows several steps, though it is rarely a simple, straight line. It begins with knowledge creation. Once knowledge exists, it must be disclosed. Next, experts perform an assessment and evaluation. They use intellectual property (IP) analytics and valuation to see what the idea is worth. After this, the focus shifts to IP protection. Protecting these rights allows owners to control how their work is used. Then, the process moves to fundraising and technology development. Finally, the technology undergoes marketing, commercialization, and product development to create a final impact.

There are different ways that technology moves between groups. Horizontal transfer is the movement of technologies from one area to another. This is the primary way technology transfer happens. Vertical transfer is different. It occurs when technologies move from applied research centers to research and development departments. Sometimes, an organization cannot develop a new technology itself. In these cases, they might use a spin-out. A spin-out is a new company created to develop the technology. These are often supported by venture capital (VC), which is money used to fund the development process.

History shows that humans have always applied science to practical problems. For example, Archimedes applied science to real-world tasks in ancient times. However, the modern way we study this process is more recent. High-profile failures at places like Xerox PARC led researchers to focus more on the transfer process itself. Today, many organizations have dedicated Technology Transfer Offices (TTO). These offices help universities and research centers manage their IP assets. They help market inventions and find industrial partners. Some offices have different names, like the Technology Licensing Office or the Research Contracts and IP Services Office.

Many large organizations help manage these complex transfers. The Association of University Technology Managers (AUTM) is a major group. It represents over 3,100 technology transfer professionals. These professionals work with more than 800 universities, research centers, hospitals, and businesses. Other groups include the Association of European Science and Technology Transfer Professionals (ASTP) and the Alliance of Technology Transfer Professionals (ATTP). There are also many national networks. For example, Mexico has Red OTT Mexico, and Brazil has FORTEC. These groups help professionals share best practices and experiences.

Technology transfer is vital for solving massive global problems. It helps people find solutions for climate change, COVID-19, and cyber-attacks. Specialized centers also help innovators. Technology and Innovation Support Centers (TISCs) help people access patent information and technical literature. The WIPO TISCs program supports over 80 countries. Additionally, science and technology parks (STP) provide spaces for companies to grow near universities. Technology business incubators (TBIs) also help. They provide training, financing, and brokering to help individual entrepreneurs and startup companies succeed.

Success in this field requires many different types of experts. Because the process is so complex, technology transfer organizations are often multidisciplinary. They employ economists, engineers, lawyers, marketers, and scientists. These experts work together to ensure that research becomes useful. For instance, a research result might be scientifically interesting, but it needs a practical process to become a patent. Even a great idea, like nuclear fusion, must be commercially valuable. This means it must generate more energy than it uses to operate. Through these organized efforts, science moves from the lab to the real world.

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