Technology Transfer Support Services

Technology transfer is the process of transferring new knowledge and technology to third parties who can realise value from them by making them available to the society and market, commercially and for social good. In short, technology transfer is the process of commercialising technology. We generally assist clients in following steps of technology transfer process:

1. Documentation:

Documentation is the format, organization, and presentation of the technology being transferred. Format and language relate directly to the understanding of the material by the receiver. Organizations seriously interested in improving the effectiveness of their documentation effort have adopted techniques based on good marketing principles. Our documentation process includes the invention disclosure which is the formal process of informing us about your invention. Usually, we arrange the meeting with client to get detailed idea about the work before starting formal process. This process becomes collaborative. We need the detail information about the invention, who worked on it and who funded it, as well as early thoughts about its potential commercial uses.

2. Technology Assessment:

In the step, we will review the invention and evaluate its commercial potential based on the factors including Patent searches for prior-art, Existing competitive technology, Market analysis, Feedback from customer/consultant, etc.

3. IP Protection:

Intellectual Property (IP) protection is an essential step in technology commercialisation. We will provide support to pursue appropriate IP rights for your technology. For some technologies, IP protection is not necessary or possible. We will explain the options in such cases.

4. Technology Licensing:

Technology Licensing is the best path to commercial adoption. An existing company which needs a solution that your technology provides is a motivated partner that can get your invention out into the world. Your dedicated licensing executive will help you identify potential customers, market your technology and negotiate a deal. We will help you to find out the existing company which may needs your technology through market analysis. Our Patent and Licence Management (PALM) team will manage the receipt and distribution of royalty and milestone payments. We will also help you to take a decision on whether it is best to licence or spinout though the nature of your technology and market opportunity.