Technology transfer is the process of transferring scientific findings from one organization to another for the purpose of further development and commercialisation.
Through the screening review process the decision is made whether or not to pursue commercialization efforts for a technology.
Within a set period of time of receiving a disclosure, our staff complete a business-case analysis, called a screening evaluation, with a recommended course of action on commercialization.
The results of the screening evaluation, which includes patent searches,
an analysis of where the technology fits in
the marketplace and research into possible licensees, are then shared with the inventors.
Detailed analysis, sometimes through the engagement of our consultants who connect with industry experts, adds to the understanding of the potential market for the technology and helps determine further patenting and marketing actions. Inventors themselves often help enormously in finding interested licensees since they have many contacts through their own research.
Considerable time and resources are devoted to researching and contacting the best possible licensing partners. Our staff engage in a variety of marketing activities to promote our client's technologies, to increase their contacts and to stay up-to-date on industry developments.
These activities include attending tradeshows and professional meetings, making calls and sending materials, producing promotional material, maintaining a Website, publicity and more.
When possible, and in addition to marketing individual technologies, we bundle similar technologies to market them together to maximize exposure to potential licensees.