The benefits of technology transfer for a research institution are enormous. Unfortunately for long time universities and research centres have operated as ivory towers disconnected from practice and society.
Technology transfer and IP markets benefit research institutions…
- Permitting the research institution to partner with private sector companies, leverage the institution’s resources, stretch their research budgets, and share ideas in a protected environment.
- Enabling the R&D Institution to earn additional income for some of its research.
- Allowing the institution to share intellectual property and obtain royalties. This can mean additional economic income for its research programs, and monetary rewards to inventors of patented and licensed technology.
Get to know more about benefits for institutions and R&D centres in PhotonTransfer