Biotechnology a boon in National economic development
Scientific research has played a major role in advancing technology and addressing pressing needs of the society. However, no technology is successful unless and until it reaches the target customers. This demand of scientific developments to reach a wider audience necessitates commercialization of technology and Technology Transfer aids in the same. It helps in transferring scientific skills, principles, knowledge across the globe so that the available resources of information can be best exploited to develop innovative solutions in the form of products and services. Apart from facilitating an exchange of knowledge between individuals and organizations, technology transfer enables commercial benefits by further attracting venture capital investments to promising projects.
Technology transfer frameworks give opportunities to various research and academic institutes to sell and commercialize their technology or research in the form of Intellectual Property (IP). IP in turn helps institutes generate revenues in the form of royalties and other technology accessibility fees. Exploitation of the commercial values further encourages the development of industries in and around these major innovation centres. Many academic institutions also have policies to reinvest the funds generated by technology commercialization in further research thereby building a R&D pipeline. Increasing number of companies and government organizations also have Technology Transfer Offices, which are in pursuit of research technologies which can be of great values to the society if developed and marketed well.
US has been a world leader in promoting technology commercialization. The landmark Bayh-Dole Act of 1980 allows academic and research centres to not only market but also acquire IP without any scope for patent infringement and the associated legal suits. The Act has further increased the patenting activity of universities in the United States and has encouraged many institutes and start-ups to apply for patent and licenses to get full credits for their innovations. Many countries like Japan and Germany have passed resolutions to set up their own technology transfer policies and the trend is now catching up in the developing countries too.How to make a slip knot? What does the name jamie mean? How to search using an image? How to file nails? What does bi monthly mean? What rates are tips paying? How to do tricks in spoderman? What does uc mean next to 5g? How to update facebook? What is the meaning of child? What is the meaning of restlessness? What is a poltergeist? explain how taking on the role of helper improves the self-image of the helper. What does condo mean? How to wear graduation cap? How do well known tips and tricks lose their effectiveness? What does money line betting mean? how do i stop itunes helper from loading at startup What is the meaning of exogamy? What is a gene? how to name helper class site:stackoverflow.com Penn and teller fool us season 3 episode 1 how they did the tricks? What are lancets? How to tell if lump is cancerous? Why are my leaf tips turning brown? How to design clothes? What is the meaning of the poem jabberwocky? How to prune tomato plants? How to make peanut sauce? How to get metal coat in pokemon go? How long to cook chicken on the grill? How to calculate wacc? What is chupapi munyayo real meaning? What does wsg mean on snapchat? What is the meaning of mindfulness? What does gtfo mean? What does turbocharged mean? Skier who didnt do tricks? How to connect printer to iphone? What does different crystals mean? How to do swinging tricks in spiderman ps4? What does jenna mean? What time does the dallas cowboys play today? How to lower creatinine? What time does meijer close today? How to take booty pics? What are symptoms of mono? What tricks can you do with an exooter m1850? Tips when you see a shark while diving? why did santa's helper go to the doctor Sonic generations how to do tricks? What does af mean in text? What is the basic meaning of white pavement markings? What chemical is on the tips of matches? What does atm mean texting? why all the google chrome helper running What is haka dance meaning? What does rto stand for? How to do fire magic tricks? How do you do magic spells and tricks? How to cleanse tarot cards? How long to cook chicken on the grill? What are the names of the generations? What are some tricks to make your bottle-fed kitten go poop? What is a butterfly knife tricks balisong? What is soluble fiber? What is the meaning of a yellow front door? what distinguishes t helper cells from t cytotoxic cells How to sync contacts from iphone to ipad? How to teach poodle circus tricks? Star wars battlefront 2005 how to use starfighter tricks? How to get pictures from icloud? What does spontaneous mean? What does biome mean? 2. what are some tips and tricks for achieving seo? Cast of how to train your dragon? What are good tips to help chil;dren in their social emotional skills? what is biohazard in santas little helper Bloggers who do makeup tips for 60 year old woman? How to make a greenhouse? What does acute mean? How to open a jar? What is the meaning of step brother? What is the meaning of a bar diagram? What happens if you dont claim tips on your taxes? What is the meaning of c.o.o? how to download panda helper on ipad How to make margaritas at home? What are lacteals? How to draw a cat? Shop in harry potter where tricks are sold? How to update drivers on pc? How to cook chicken on stove? How to light incense? What does misdemeanor mean? What is the meaning of sheer? What is the meaning of the suffix ful? Wlnged silver magic tricks learn how to do it? How to run wire tips tools soffit? What does bipartisan mean? How does mat franco do his tricks? What does galvanized mean?
The Biotech Investor's Bible