Technology Transfer

Technology Transfer also called Transfer of Technology (TOT) and Technology Commercialisation, is the process of transferring skills, knowledge, technologies, methods of manufacturing, samples of manufacturing and facilities among governments or universities and other institutions to ensure that scientific and technological developments are accessible to a wider range of users who can then further develop and exploit the technology into new products, processes, applications, materials or services. It is closely related to (and may arguably be considered a subset of) knowledge transfer.

Some also consider technology transfer as a process of moving promising research topics into a level of maturity ready for bulk manufacturing or production

Technology brokers are people who discovered how to bridge the disparate worlds and apply scientific concepts or processes to new situations or circumstances. A related term, used almost synonymously, is "technology valorisation". While conceptually the practice has been utilized for many years (in ancient times, Archimedes was notable for applying science to practical problems), the present-day volume of research, combined with high-profile failures at Xerox PARC and elsewhere, has led to a focus on the process itself.

Read more about Technology Transfer:  Transfer Process, Drawbacks

Famous quotes containing the words technology and/or transfer:

    Primitive peoples tried to annul death by portraying the human body—we do it by finding substitutes for the human body. Technology instead of mysticism!
    Max Frisch (1911–1991)

    If it had not been for storytelling, the black family would not have survived. It was the responsibility of the Uncle Remus types to transfer philosophies, attitudes, values, and advice, by way of storytelling using creatures in the woods as symbols.
    Jackie Torrence (b. 1944)