Technology transfer, a process to be known

What do we refer to when we use the term “technology transfer”?

It is also often spoken of in connection with internationalization processes, indicating by it the possibility of transferring precise know-how of certain knowledge to foreign markets.

The expression is increasingly being used in Italy, a sign that technology transfer is also growing in our country thanks to ad hoc investments. Such investments are often supported by public tenders. For example, those managed by the Enea Tech Foundation are aimed at enhancing the acquisition of technological innovations by many productive sectors.

Technology transfer is encouraged by financial aid and also by the direct involvement of institutions such as universities and research centers, again with the aim of introducing new opportunities for growth and increasing the degree of competitiveness of a company even in international contexts.

Technology transfer, a glue between the research world and the marketplace

There is currently an increasing number of companies that outsource internal or external resources to plan and manage every aspect related to technology transfer.

At this time of great dynamism, marked by ever-increasing globalization of markets and high competitiveness, acquiring the latest technologies becomes almost an imperative if one is to achieve commercial success and establish one's brand more firmly. 

That is why institutions such as the National Innovation Fund continue to provide incentives in so many areas, for example, agribusiness, fashion, electronics.

The goal is to promote innovation and progress, enhancing that ideal bridge between the places where research is accomplished and those where it becomes a usable commodity through the market, an increasingly international market. 

Internationalization and intellectual property related to technology transfer

One cannot talk about technology transfer without also talking about intellectual property, which must be strictly protected, especially when we refer to processes of  internationalization. Technology transfer helps simplify the internationalization process of enterprises in the short term. The actions related to it enable market access without significant investment and initial brand development. 

Delving into the topic of intellectual property, the Ministry of Foreign Affairs and International Cooperation provides specific support to Italian companies, with the specific intention of protecting the rights of all skills related to technology transfer to other nations, avoiding possible counterfeiting.

In this it is fully supported by the European Commission, which says this about technology transfer to foreign countries:

“Foreign companies will be more likely to license knowledge and collaborate on joint projects if an effective intellectual property rights system exists in a country.”

Technology transfer must be clearly protected inside and outside national borders.

How to ensure that this is done in the best possible way and without any nasty surprises?

Octagona can help you with that, and much more: 

In fact, our team of professionals with many years of experience deals with:

• Carry out specific advice on regulations and certifications of various countries, including those outside the European Union, including legislation related to intellectual property;
• Give help in finding partners abroad and brokerage services to conclude technology transfer agreements;
• To provide a service to SMEs for assessing and improving their actual innovation management potential, including through specific audits;
• procure support in the development of new products and the optimization of wide-ranging logistics processes, for example, leveraging the management capabilities of an effective supply chain.

If you want to expand your business by leveraging technology transfer, contact us now.

We will be able to help your business by identifying those determining factors that can make it successfully expand outside its national borders while protecting its intellectual property.