TECHNOLOGY MANAGEMENT TECHNOLOGY TRANSFER Presented by E V S S G GANESH 19021E0063 TECHNOLOGY TRANSFER • 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. 7 STEPS IN TECHNOLOGY TRANSFER 1. Technology Scouting: Is an element of technology management in which emerging technologies are identified, technology related information is channeled into an organization. 2. Technology and Market Assessment: A proper technology and market analysis gives you direct insight into your potential clients, helps you spot innovation trends, identify potential interesting technologies to integrate your product or innovation plans. 3. IP Protection & Management: Assist enterprises to understand the latest technology development of their industries, carry out the patent search and analytics to evaluate market potential of new invention. • 4. IP Promotion: Patent rights can severely reduce technology transfer since they bring high licensing fees and can thus impede to knowledge adaptation to local conditions. • 5. Negotiation: The actual negotiating team for technology transfer agreements should be kept as small as possible. A simple patent and know-how license may only require one person from each party. • 6. Commercialisation: This step may entail further development, regulatory approvals, sales and marketing, training and other activities. • 7.Market THANK YOU