Vinson & Elkins' Licensing & Technology Transfer lawyers work closely with our clients to align their technology transactions with their business goals. Robust technology agreements offer clients the ability to monetize intellectual property assets, have the freedom to operate, fund R&D, and spark innovation.
What is a technology transfer agreement and how does it work?
Technology Transfer Service Area + Legal Practices Our counsel in the specific area of technology transfer is a core component of our overall technology commercialization capabilities. Our counsel in the specific area of technology transfer is a core component of our overall technology commercialization capabilities.
What can a TTG attorney do for You?
A tech transfer practice involves patenting inventions, protecting trade secrets, identifying and clarifying ownership between interested parties, licensing technology, and more. Within a university, there is a strong need to manage resources to identify and protect those innovations that are most commercially viable.
Can a company acquire the technology rights of another company?
Technology transfer is the process by which research, skills, knowledge and/or technology is transferred from the place where it was developed (such as government, colleges and universities or other research laboratories) into the business environment where it can be developed into a commercial product or service with a wider application and distribution.
What does technology transfer do?
Technology transfer is the movement of data, designs, inventions, materials, software, technical knowledge or trade secrets from one organisation to another or from one purpose to another. The technology transfer process is guided by the policies, procedures and values of each organisation involved in the process.
What is a technology transfer professional?
Technology transfer officers help translate new innovations coming from the lab into products that will improve people's lives. They manage the intellectual property of the research and partner with outside companies to bring these new ideas to market.
What is a technology transfer agreement?
A technology transfer agreement is a legal contract used when a company, referred to as the licensor, licenses industrial or intellectual property rights to a licensee. Intellectual property subject to a technology transfer agreement can include: Patents. Utility models. Trademarks.
What is technology transfer example?
Technology transfer is the innovation management that takes a novel invention from public laboratory—such as a university, hospital, or federal research team—to commercialization.Mar 29, 2021
Why technology transfer is required?
Technology transfer is important to ensure that the company's innovation becomes commercialized. This helps early-stage intellectual property to become tools for research. It can also be used as a base for new products and services for public use.
What is a technology transfer manager?
The Technology Transfer Officer is responsible for interacting with University researchers to identify new technologies and to assess their commercial potential and suitability for patent or copyright protection.
Is technology transfer legal?
It allows U.S. universities, small businesses and non-profits to retain title to their inventions. The government retains a right to use the technology. Previously, the government owned the intellectual property rights to these inventions funded by the government.Oct 29, 2021
What are the types of technology transfer agreement?
TECH TRANSFER AGREEMENTS
- Cooperative Research and Development Agreement (CRADA)
- Facility Use/Service Agreement (FUSA)
- License Agreement (LA)
- Material Transfer Agreement (MTA)
- Technical Assistance Agreement (TAA)
What are the methods of technology transfer?
Technology Transfer Methods
- Licensing. ...
- Support Contract. ...
- Joint Venture. ...
- Franchising. ...
- Strategic Alliance. ...
- Turnkey Agreement. ...
- Equipment Acquisition. ...
- Management Contract.
What are the 4 models of technology transfer?
Based on this model the transfer scope consists of four types of technologies: General knowledge, Specific knowledge, Hardware, and Behaviors. This model categorizes the transfer methods in the TT process as 1) Impersonal communication, 2) Personal communication, 3) Group interaction, and 4) Physical relocation.
What is the problem of technology transfer?
The problems encountered in transfer of technology are: A limited general understanding of the concept of technology, and the lack of a consistent framework for its study. Lack of systematic planning for technology transfer in developing countries or misunderstanding of its underlying philosophy.
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