What is technology transfer

What is technology transfer?

Technology transfer describes the process of transforming your research into practical applications with commercial potential.

Why should I consider technology transfer for my research project?

The reasons and motivations for considering to transfer or commercialise your research projects are different for each researcher, but may include:

• Making a positive impact on society
• Helping your research achieve broader reach
• Creating educational and job opportunities for students
• Contributing to a positive entrepreneurial culture at ANU
• Generating additional funding for your Lab/School/College

What does a typical technology transfer process involve?

The technology transfer process at ANU varies with every project, but generally involves the following steps:

• Research: Research from ANU staff and students often leads to discoveries and/or inventions.
• Disclosure: Researchers disclose their inventions to the Technology Transfer Office (TTO) through the Innovation Opportunity Contact Form.
• Evaluation: The TTO evaluates the commercial potential of the disclosed invention and, where necessary, develops a strategy for commercialisation.
• Protection: If the intellectual property is deemed suitable for patenting or other protection, the TTO will work with patent attorneys to pursue patent protection for the invention.
• Business development: The TTO will actively market your invention to suitable partners and customers through appropriate means, e.g. conferences, presentations, media, etc.
• Licensing: Marketing activities from the TTO may result in interest from prospective partners, who may wish to license the technology for use by their organisation. OR, Startup: Another option is to establish a new company to exploit the technology.
• Commercialisation: Any revenues received by the University from licensing activities are distributed to inventors and ANU as appropriate.