What is Tech Transfer?
Technology transfer is the movement of knowledge and discoveries to the general public. It can occur through publications graduating students entering the workforce, presentations at conferences, and research relationships with industry. For the TLO, however, technology transfer refers to the formal licensing of MIT owned intellectual property to third parties such as start-up companies or corporations.
Tech Transfer Process
The process of technology transfer involves the initial submission to the TLO of a new technology which has arisen from research or activity undertaken by MIT employees. The process then moves to evaluation, potential patenting, marketing and licensing the intellectual property to third parties.
Each year the TLO publishes information on its technology transfer activity including disclosures received, patents submitted and filed, startups launched, and royalty revenue received.