Technology Transfer Office Development

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Table of Contents

Duties
Goals
Vision
Services
Team

Recently, space research has been becoming an object of interest to private companies. The tendency marks a notable departure from trends that were prevalent throughout the 20th century, where the topic was only of interest to various governments around the world. This diversification of demand for space research technology makes it more challenging to manage technology transfer, as many different private entities will now request access to patents in addition to a few governmental institutions. As such, the establishment of a dedicated technology transfer office for (space research institute) becomes a necessity.

Duties

The office will facilitate relations between (space research institute) and the private sector to maximize benefits for them both. Its primary task will be to handle technology licensing for commercial use by external partners. The office will also ensure the compliance of the institutes technology transfers with internal and external regulations, particularly the federal mandate. If possible, the office will attempt to modernize the application of the methodology with regards to the institute. It will negotiate industry-sponsored research, form startups if possible, and promote the regions overall economic and business development.

Goals

The office will operate within a system that is defined by three primary values. It is expected to ensure compliance with state and federal legislation, generate revenue and provide a high standard of service to research faculty and partner organizations. As compliance is usually not a significant issue for the institute, and the income expected from the offices operations are unlikely to be substantial compared to the overall costs of research, excellent service will be its first target. By providing outstanding accommodations to researchers and establishing good relations with partners, the institute may be able to attract and retain high-quality staff.

Vision

The offices vision of success involves increased privatization of the space research sector. Facilities such as (space research institute) should cooperate with the emerging private companies for purposes mutual growth. The lowering of costs of space research and construction allows competition to arise in the sector, spurring ongoing innovation and progress. The institute should take advantage of this situation and establish connections with the industry to achieve better visibility and maintain or improve its existing high research standards. The cooperation would also enhance the quality of life for the people involved, with effects spreading out into society.

Services

The office will offer a variety of services to faculty members and outside partners. It will process the licensing of technology to companies that are interested in using it for their purposes. The office will also assist researchers in searching for sponsors for their study ideas using its network of industry connections. It will also support the economic development of the institute with the funds procured from licensing and work to benefit its holdings as well as the general region where it is located.

Team

The duties of the office require a diverse staff to handle the various aspects of its functioning. Several experienced licensing officers will be needed to handle the primary function of the office. A group of business development managers is necessary to establish industry connections. An attorney and whatever help he or she requires should be present to handle the legal aspects of the offices work. Several marketing specialists would be helpful for the promotion of awareness of the institute. Materials transfer may become necessary in some situations, and so the presence of a few experts in the field would be prudent. Lastly, a small number of administrative staff should handle the offices paperwork and financial operations.

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Technology Transfer Office Development

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