A Model of Technology Transfer

Abstract

Improved utilization of federal technology by private enterprises in the U.S., and by universities and state and local governments as intermediaries in the technology transfer and commercialization process, has become an essential element in plans to improve the U.S. position in international economic competition. American technology represents an underutilized resource which can be harnessed to improve the productivity and innovativeness of industry if effective relationships are developed between technology sources and potential users. A sophisticated system of technology development and transfer entities in not-for-profit organizations and universities has created an infrastructure in most regions and states which provides assistance to individuals and firms seeking technical and business assistance. However, most of the elements in this system have evolved within the last few years and the ultimate impact will not be evident for a while even if proper evaluation is performed. Technology transfer is a contact sport in which success has been elusive and innovative methods need to be explored.