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Technology Transfer

Technology transfer requires a strategy. The commercialization plan may be different for a university than it would be for a government entity, a corporation, or another organization that develops technology. For some technologies, the business plan is to build a product and sell it. For others, it may make more sense to lease a product or use a new device to perform a service. In other cases, the organization that developed the technology may not be the best to exploit it. For example, an oil production company may develop a tool it needs in its operations, but it is not in the business of selling tools or providing services for other production companies. In that case, a joint venture is started or an existing organization may be interested in licensing the technology.

Developing a technology transfer plan requires consultant lawyers with experience in business, licensing, litigation, and application work. Arnold & Saunders has that experience. Contact us to see what we can do for your organization.

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