What is Technology Transfer?
                     WHAT IS TECHNOLOGY TRANSFER?
INTRODUCTION
 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.
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THE PROCESS OF TECHNOLOGY 
TRANSFER
RESEARCH AND DISCOVERY
 The first step of commercializing a university invention is 
discovering it in the research labs. Without this, there would be no 
new ideas or technologies to commercialize. This early stage of the 
process is facilitated by both faculty members and students at 
research labs located across different academic disciplines.
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INVENTION AND DISCLOSURE
  If professors, staff, or students realize that a project may have 
commercial value, they should submit an Invention Disclosure Form 
(IDF) to the office on their campus responsible for managing 
inventions, usually named the Office of Technology Transfer (OTT), 
although some universities have different names for it. This is an 
important document for declaring your invention internally.
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EVALUATION BY OTT
 The OTT staff will evaluate the invention based on information 
submitted by the researchers. This includes aspects of novelty, 
patentability, and future commercial viability, commercial value, 
and other factors to determine whether the university should pursue 
IP protection and further development.
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COMMERCIALIZATION
 If the organization decides to invest in the IP and it has been 
through initial evaluation, they will start working with outside 
attorneys to file appropriate documents. 
 One of the attorneys’ main responsibilities is to ensure that the 
proper individuals are named as inventors; this is a significant legal 
issue, and it’s worth noting that invention and authorship are two 
separate elements of involvement in a research project.
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THE IMPORTANCE OF TECHNOLOGY 
TRANSFER
 The ability to transfer technology and develop innovative products 
is a key component of business success. It is through this 
mechanism that cutting-edge goods can get onto the market, 
allowing a firm to generate income and prosper. Technology transfer 
is important to ensure that the company’s innovation becomes 
commercialized.
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THE BENEFITS OF TECHNOLOGY TRANSFER
 Technology transfer has benefits for universities, companies, 
regional and national economies, and society at large.
 For universities, technology transfer may help improve research and 
the prestige of the institution, its scientists and their innovations. 
 Tech transfer can be good for an economy through innovation, new 
ventures, and job creation. 
 Technology is continuously changing and advancing, and there are 
countless benefits that have come because of these advancements.
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HOW TECHNOLOGY TRANSFER WORKS?
 The technology transfer process typically starts with technology 
identification, followed by contractual agreements between parties, 
such as licenses to use protected IP.
 In industrial settings, technology identification is the first step in the 
technology transfer process, and it can be accomplished through a 
variety of methods including reverse engineering, researching 
patents for new inventions, scanning journals for technological 
advancements, performing company inventories to see what 
technologies are available within your organization or doing market 
research to see what kind of products consumers would like you to 
create.
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TYPES OF TECHNOLOGY TRANSFER
1. Technology push. This takes place when a company or university 
patents its invention and licenses it to other companies. 
2. Market pull. This is when new technologies are developed in 
response to demand for a product or service. This is the most 
common way of technology transfer as it pulls up innovation in 
order to meet the demands of the market.
3. Technological spillover. This takes place when new advances in one 
area stimulate progress in another. It’s called a “spillover” because 
it’s like ideas spilling from one subject to another, or technology 
being transferred between countries.
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