What is Technology Transfer?
Technology Transfer is a term used to describe a formal transfer of rights to use and commercialize new discoveries and innovations resulting from scientific research to another party. The major steps in this process include; the disclosure of innovations, patenting the innovation concurrent with publication of scientific research and licensing the rights to innovations to the targeted industry for commercial development.
Technology transfer is a term used to describe a formal transfer of rights to use and commercialize new discoveries and innovations resulting from scientific research to another party. Universities typically transfer technology through protecting (using patents and copyrights), then licensing new innovations. The major steps in this process include the disclosure of innovations, patenting the innovation concurrent with publication of scientific research and licensing the rights to innovations to industry for commercial development.
Technology Transfer is a department in the Division of Research with a Director and support staff as necessary. Technology Transfer is responsible for all matters relating to patents, trademarks and copyrights related to the commercialization of the University’s Intellectual Property. (See Section D.1.
Although there are many definitions of technology transfer, generally speaking, technology transfer is the process by which technology or knowledge developed in one place or for one purpose is applied and used in another. This broad definition covers a wide variety of procedures or mechanisms that can be used to transfer technology and is not necessarily restricted to federal activities. However, the federal government has for many years been actively supporting and encouraging technology transfer with respect to federally generated technologies. Therefore, the phrase “technology transfer” most often refers specifically to transfers occurring between federal laboratories and any nonfederal organization, including private industry, academia, and state and local governments. The Federal Laboratory Consortium for Technology Transfer (FLC), which was formally chartered by Congress to facilitate technology transfer in the United States, has developed the following definition that accommodat
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