On-line Technology Transfer Database Connects Industry with Innovation
Edinburgh, United Kingdom (PRWEB UK) 16 December 2011
The launch of http://www.LicensableTechnology.com to the technology transfer community helps to close the gap between industry and early stage technology developed in research centres around the world.
The process of commercialising technology from universities and other research institutions, generally referred to as 'technology transfer', is carried out by specialised departments or dedicated sub units of organisations; whose mission is to nurture, protect and exploit new and early stage inventions to realise tangible benefits to the organisation.
In doing so, identifying a market for the transfer of technology is key in assessing the commercial impact, no easy task when the target market can often consist of companies in sectors which value privacy and secrecy in their research and development activity.
Today, technology transfer offices are changing their approach, preferring to 'get the technology out there', advertising their available opportunities on their own website and hoping someone comes along who's interested in a deal.