About Technology Transfer (ToT)

About Technology Transfer (ToT)

  • ToT transfers commercial technology or knowledge developed at one organization to another.
  • ToT is about transforming Ideas Into opportunities.
  • ToT moves data, designs, inventions, materials, software, technical knowledge, or trade secrets from one organisation to another.
  • ToT can occur horizontally across different areas or vertically by moving technologies.
  • ToT involves the creation of joint ventures, licensing agreements, and partnerships to share the risks and rewards.
  • ToT protects the intellectual property (IP) associated with innovations developed at research institutions.
  • ToT forms, incubates, and positions for success
  • ToT is good for an economy through innovation, new ventures, and job creation.