This almost-magical option for working with the DoD and some other agencies is drawing lots of attention from entrepreneurs with startups hoping to work with the federal government.
Technology transfer is a brave new world, opening exciting pathways of discovery in our fast-paced digital age. Today, many companies, universities, and governmental organizations are dedicating entire departments to identify innovative new technologies and invention ideas where tech transfer has the potential to spawn a commercially viable product.
Technology transfer is the process of moving a technology from its place of origin to a wider distribution of potentially interested parties – typically, by commercializing it or via its adoption by government agencies. It occurs along various axes, including but not limited to transfers from universities to businesses, from large businesses to smaller ones, from government to businesses, and from researchers and inventors to government.
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