Model of Organizational Processes Developed Within Companies in Order to Innovate through Technology Transfer

Abstract

Innovation is known as the basic condition for the sustainability, durability and competitiveness of a business. A company’s involvement in the technology transfer process together with a research organization that has an innovative scientific and technical outcome results is a real opportunity to innovate. For a successful innovation through technology transfer, the company should implement and carry out a number of specific organizational processes. As a result of a thorough literature review, this paper proposes a framework consisting of 17 processes, directly or indirectly subordinated to the innovation process through technology transfer. Based on their analysis, companies can establish their limits of competence and can allocate their resources effectively. Given that the company has a number of processes that cannot be implemented due to the lack of resources, managers may use the available resources of the partner research institution. Thus, the collaboration between the stakeholders participating in the technology transfer process is intended to result in an efficient use of available skills and resources, with a major influence on the outcome.