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Panjab University study sheds light on role, functioning of Technology Transfer Centres

Panjab University study sheds light on role, functioning of Technology Transfer Centres
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Panjab University study sheds light on role, functioning of Technology Transfer Centres

  • Technology Transfer Centres (TTOs) are crucial in facilitating the commercialization of innovative ideas, resulting in them being transformed into tangible products and services that benefit society.

Key Highlights

  • A new study by the Department of Science and Technology (DST), Centre for Policy Research, Panjab University,
    • Sheds light on the mechanisms and instruments used to successfully transfer technology from academia to the industry
    • With the goal of providing valuable insights to policymakers to strengthen the mechanisms that support innovation and facilitate technology transfer in the country.
  • The report offers recommendations on how to enhance the function of technology transfer, deepen industry-academia partnerships
    • Create a comprehensive policy ecosystem for technology transfer, and widen the stakeholder network to support grassroots level and indigenous innovations.
  • The report emphasizes the critical role that Technology Transfer Centres play in expediting the transition of ideas from research laboratories to the marketplace, thereby enhancing the nation’s global competitiveness.
  • It also offers recommendations to widen stakeholder networks to support grassroot level and indigenous innovations.

Prelims Takeaway

  • Technology Transfer Centres

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