Universities that succeed in technology transfer contribute tangible benefits to society by stimulating innovation and economic growth. Building a successful technology transfer operation, however, requires significant time and investment. Many universities have rushed to create technology transfer offices (TTOs) without proper structures, funding or expertise. Disappointed, after four or five years, they give up before the benefits start to flow.
Being one of Europe’s oldest and most successful TTOs, LRD has compiled a set of 8 factors that have proven to be relevant for successfully launching and developing the TTO.