From Lab to Market: The Impact of Technology Transfer Offices on Commercialization | |
Technology Transfer Offices (TTOs) are the linchpins in the journey from laboratory discoveries to market-ready innovations. They meticulously evaluate invention disclosures, secure intellectual property rights, and identify commercial opportunities for new technologies. By negotiating licensing agreements and supporting the formation of spin-off companies, TTOs ensure that innovations reach the marketplace efficiently. Their role extends beyond commercialization; they also provide legal and administrative support, facilitate knowledge exchange, and offer educational programs to foster an entrepreneurial culture within research institutions. Through these multifaceted efforts, TTOs not only advance technological innovation but also contribute to economic development by transforming research outcomes into products and services that benefit society. ![]() | |
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