What is technology transference?

Technology transfer (TT) refers to the process of conveying results stemming from scientific and technological research to the market place and to wider society, along with associated skills and procedures, and is as such an intrinsic part of the technological innovation process.

What is technology transfer in medical devices?

Technology transfer can be defined as the process of transferring knowledge or expertise related to some aspect of technology from one user to another.

Can technology be transferred?

Technology transfer is the movement of data, designs, inventions, materials, software, technical knowledge or trade secrets from one organisation to another or from one purpose to another. The technology transfer process is guided by the policies, procedures and values of each organisation involved in the process.

What are the ways of transferring technology?

Technology Transfer Methods

  • Licensing.
  • Support Contract.
  • Joint Venture.
  • Franchising.
  • Strategic Alliance.
  • Turnkey Agreement.
  • Equipment Acquisition.
  • Management Contract.

Why technology transfer is required?

Technology transfer is important to ensure that the company’s innovation becomes commercialized. This helps early-stage intellectual property to become tools for research. It can also be used as a base for new products and services for public use.

What is the problem of technology transfer?

An additional problem that has impeded technology transfer has been the high cost and limited capability of the data and signal processing equipment needed to implement the algorithms researchers developed.

What is technology transfer in pharmaceutical industry?

In pharmaceutical industry, Technology Transfer is the practice of transferring scientific findings from one organization to another for further development so that new products such as medicines, educational tools and health services can become available to the public.