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Technology Transfer ProcessStep 1: Invention Disclosure.Step 2: Evaluation.Step 3: Patent Application.Step 4: Assessment and Marketing.Step 5: Licensing of Patents.Step 6: Commercialization.
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 is the way we apply scientific knowledge for practical purposes. It includes machines (like computers) but also techniques and processes (like the way we produce computer chips).
Technology Transfer Arrangement is the process by which one party systematically transfers to another party the knowledge for the manufacture of a product, the application of a process, or rendering of a service, which may involve the transfer, assignment or licensing of intellectual property rights.
Technology transfer is the innovation management that takes a novel invention from public laboratorysuch as a university, hospital, or federal research teamto commercialization.
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.
There are two main types of licenses: 1) one which grants an exclusive right to use the technology; 2) another with non-exclusive right, which implies that the patent owner may transfer the right to use the technology to other companies in the same area.
TECH TRANSFER AGREEMENTSCooperative Research and Development Agreement (CRADA)Facility Use/Service Agreement (FUSA)License Agreement (LA)Material Transfer Agreement (MTA)Technical Assistance Agreement (TAA)
Technology Transfer ProcessStep 1: Invention Disclosure.Step 2: Evaluation.Step 3: Patent Application.Step 4: Assessment and Marketing.Step 5: Licensing of Patents.Step 6: Commercialization.
Technology Transfer Activities include: processing and evaluating invention disclosures; filing for patents; technology marketing; licensing; protecting intellectual property arising from research activity; and assisting in creating new businesses and promoting the success of existing firms.