Office of Technology Transfer (OTT)

The Office of Technology Transfer (OTT) is a division within universities, research institutions, or government entities that manages the commercialization of inventions and innovations developed by their researchers. Its primary goal is to help turn research discoveries into practical applications, products, or services that benefit society. The OTT facilitates the patenting process, negotiates licensing agreements, and connects inventors with businesses or investors. By doing so, it fosters collaboration between academia and industry, ensuring that valuable technologies reach the market while also generating revenue and supporting further research.