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Technology transfer (TT) refers to the process of conveying results stemming from scientific and technological research to the market place and to wider society, along with associated skills and procedures, and is as such an intrinsic part of the technological innovation process.
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.
A technology transfer agreement is a legal contract used when a company, referred to as the licensor, licenses industrial or intellectual property rights to a licensee. Intellectual property subject to a technology transfer agreement can include: Patents. Utility models. Trademarks.
TECH TRANSFER AGREEMENTSCooperative Research and Development Agreement (CRADA)Facility Use/Service Agreement (FUSA)License Agreement (LA)Material Transfer Agreement (MTA)Technical Assistance Agreement (TAA)
It allows U.S. universities, small businesses and non-profits to retain title to their inventions. The government retains a right to use the technology. Previously, the government owned the intellectual property rights to these inventions funded by the government.
A technology agreement, sometimes called a technology service agreement, is a legal document usually used between a company and a technology service provider to outline the rights and responsibilities of both parties as they enter into a business relationship.
Technology transfer is the process by which knowledge,, intellectual property and capabilities developed at its centres/units and elsewhere, utilising ISRO's resources are transferred to external entities including industries in the public and private sector, academia and State I Cehtral Government organisations.
Examples of technology transfer can be found across virtually every scientific and industrial area, from pharmaceuticals and medical devices to alternative energy solutions, computing, transport, artificial intelligence, robotics, agriculture, aerospace, environmental improvements and many more.