What is the primary goal of technology transfer in innovation? 🔊
The primary goal of technology transfer in innovation is to facilitate the sharing and commercialization of knowledge, technologies, and discoveries from research institutions to the marketplace. This process helps transform scientific advancements into viable products, services, or processes that can be implemented in diverse industries. Technology transfer involves collaboration among researchers, investors, and businesses to ensure that innovations reach their full potential and positively impact society. Ultimately, it serves to enhance economic growth, competitiveness, and improve quality of life through advanced technologies.
Equestions.com Team – Verified by subject-matter experts