The Essence of Technology Transfer and the Specifics of its Implementation: Economic Aspects

Abstract:

Implementing a successful technology transfer is essential for universities, companies, the national economy and society at large. For universities, technology transfer can bring additional revenues that can be used for further scientific research, and also contributes to the recognition of scientific achievements of scientists, which, in turn, can help in attracting grants. For companies, the benefits of technology transfer include the ability to use the results of intellectual activity without spending on internal research and development, as well as the introduction and development of new technological processes that can contribute to the success of their business. For the national economy, technology transfer is a key growth factor through the development of high-tech companies, increasing the number of jobs and the production of innovative products. For society as a whole, the benefits of technology transfer are incalculable in terms of improving the quality of life, environmental conditions, technical advances that provide not only new opportunities, but also stimulate the development of the national and global economy through digital transformations. Digital technology solutions accelerate technology transfer, and one such solution is a technology transfer platform that facilitates networking.

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