Abstract
Publisher Summary This chapter discusses the process of technology transfer and commercialization. 'Technology transfer' has become a popular phrase and a subject of great interest in myriad quarters. Not surprisingly, it has taken on various meanings. To consider it in any detail in the space available, the concept must be bound in several ways. First, technology transfer can be internal—that is, within the same enterprise. It can also be external. Second, it is assumed that external transfers follow strictly arm's-length negotiations. Third, presumably all transfers are undertaken with the expectation that the technology will be utilized in the market, again as the result of arm's-length bargaining. 'Technology transfer' is but the outcome of a process called innovation. This process begins with an invention, an idea, or a concept and concludes with the introduction of a product or service in the marketplace on the basis of an arm's-length transaction.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
