technology commercialization offices

Technology commercialization offices are specialized teams within universities or research institutions that help turn innovative ideas and research discoveries into marketable products or services. They assist inventors with patent applications, licensing their technology to companies, and developing business strategies. Their goal is to bridge the gap between research and practical use, ensuring valuable innovations benefit society while generating revenue that supports further research. Essentially, they serve as a professional link between research breakthroughs and the marketplace, fostering innovation and economic growth.