<\/span><\/h2>\nTechnology transfer offices support academic entrepreneurs through their efforts to commercialize the intellectual property of scientific institutions. These offices serve as intermediaries between academic researchers and corporate sponsors to ensure that university inventions are translated into practical products and services. These organizations are a critical part of the University’s IC2 Institute, which is a strategic center for the commercialization of university technology. In addition, the University has a technology-business incubator called the Austin Technology Incubator. Its alumni have created 65 new businesses, generating over $1.2 billion in revenue and creating 2,850 jobs in central Texas.<\/p>\n
The process of commercializing research discoveries has become increasingly complex. Due to increased incentives for universities and researchers, technology transfer offices are playing an increasingly important role in helping inventors reach the commercial stage. The process is complex, involving a diverse range of entities and interests. Nevertheless, the climate for academic technology transfer is generally positive.<\/p>\n","protected":false},"excerpt":{"rendered":"
The function of the technology transfer office with respect to collaborative research is to facilitate the commercialization of research results. This is achieved by establishing a clear purpose for the research, promoting social interaction, and rewarding joint actions. The technology transfer office also aids collective researchers in marketing their jobs. Collaboration In collaborative research, a […]<\/p>\n","protected":false},"author":1,"featured_media":2023,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-2022","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-articles"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/demandbid.com\/wp-json\/wp\/v2\/posts\/2022","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/demandbid.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/demandbid.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/demandbid.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/demandbid.com\/wp-json\/wp\/v2\/comments?post=2022"}],"version-history":[{"count":1,"href":"https:\/\/demandbid.com\/wp-json\/wp\/v2\/posts\/2022\/revisions"}],"predecessor-version":[{"id":2024,"href":"https:\/\/demandbid.com\/wp-json\/wp\/v2\/posts\/2022\/revisions\/2024"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/demandbid.com\/wp-json\/wp\/v2\/media\/2023"}],"wp:attachment":[{"href":"https:\/\/demandbid.com\/wp-json\/wp\/v2\/media?parent=2022"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/demandbid.com\/wp-json\/wp\/v2\/categories?post=2022"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/demandbid.com\/wp-json\/wp\/v2\/tags?post=2022"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}