Technology Transfer and Commercialization Programs

Technology transfer and commercialization programs are initiatives that help turn innovations developed in research institutions or companies into market-ready products or services. These programs facilitate the sharing of new technologies with private companies or entrepreneurs, enabling them to develop, produce, and sell these innovations. The goal is to bridge the gap between research and practical use, ensuring valuable discoveries benefit society, create economic growth, and generate revenue for the originating institution. Essentially, they manage the process of turning scientific or technological ideas into real-world solutions accessible to consumers and industries.