Areas of Business
Technology transfer is the process of applying existing technology to a new use or a new user. This transfer may occur between any entity with scientific or technological knowledge and another entity which is interested in acquiring the right to use this knowledge.
The technology transfer process is generally extremely complex. From the moment of creation to the moment when one or more companies learn of a new technology and assess it as being innovative and useful to their business, there is a long road to travel which needs to be accompanied by specialised professionals.
The promotion and dissemination of technology transfer constitutes a valuable instrument for the competitiveness of businesses, enhancing the economic benefits of R&D and promoting innovation.