Process of Technology Transfer

11 Mar 2022 News

The journey of a novel technology from the bench to the market involves multiple steps. Whether you are creating unique technologies, developing them for industrial use, or commercializing the resulting products, it's important to understand the life cycle of innovation.

The process of transferring technology occurs in several steps. While approaches differ, these steps boil down to the following:

Technology transfer process

 

https://www.utoledo.edu/research/TechTransfer/TTandCommProcess.html

Technology transfer can be conceptualized as a process that includes various stages, and requires investment of time and effort by the transferee to access, learn, understand, adapt and use the technology. Technology transfer can take place through different channels, including market (or commercial) and non-market (non-commercial) ones. It may also be contractually based or not. The concept is therefore by its nature very broad, which can easily lead to confusion in discussing the issue of technology transfer.

According to WIPO, the Main Intellectual Assets for technology transfer are:
Patents (utility and/or design) for novel and nonobvious inventions

Copyright for original works of expression (ex. books, songs, and software)

Trademark for the name of product or service indicating source

Trade Secret (or know-how) for processes, etc. not generally known