What is Technology Transfer?
What is Mass Customization?
Name the types of Supply Chain Logistics
Expert Answer
In the academic sector, the process of commercialization — or of bringing technologies to the marketplace — is known as “technology transfer.” Technology transfer is now part of the government mandate for institutions receiving federal funding for research. By and large, technology transfer is accomplished through licensing intellectual property (IP) to companies that have the resources and desire to develop and produce the technology for specific applications. In return, universities receive payments (in the form of cash fees and/or equity and/or royalties on earned
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