![]() ![]() Bridging the gap between these different levels can be complex and time-consuming, as it requires the development of research into prototypes and then to fully tested and reliable finished products. TRLs 1-3 focus on research while levels 6-7 and higher sees a product move towards production. However, before innovations can be brought to market they need to be developed through technology readiness levels (TRL). This can mean licensing patented intellectual property to outside businesses or the creation of start-up companies to license the IP. These offices may include economists, engineers, lawyers, marketing experts and scientists.Īn important part of tech transfer is the protection of intellectual property (IP) associated with innovations developed at research institutions. Research institutions, governments and businesses may also use the services of technology transfer offices to help with the process. This can also be coupled with the raising of venture capital, which is generally more common in the United States than in Europe, for example. This commercialisation can involve the creation of joint ventures, licensing agreements and partnerships to share the risks and rewards. Tech transfer is promoted at conferences organised by groups like the Association of University Technology Managers, so that investors can assess the prospect of commercialisation for a ground breaking new product or service. This transfer can occur horizontally across different areas or vertically by moving technologies, for example, from research centres to research and development teams. ![]() This form of knowledge transfer helps ensure that scientific and technological developments are available to a wider range of users who can then help develop or exploit it. The technology transfer process is guided by the policies, procedures and values of each organisation involved in the process.Īlso known as transfer of technology (ToT), technology transfer can take place between universities, businesses and governments, either formally or informally, to share skills, knowledge, technologies, manufacturing methods, and more. 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. National Structural Integrity Research Centre.Structural Integrity Research Foundation. ![]()
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