StudentShare solutions
Triangle menu

Technology Transfer - Essay Example

Extract of sample
Technology Transfer

Technology transfer or what is commonly known as 'licensing' usually works in the manner that would afford permission to someone who intends to generate further profits and revenues by using the licensed technology and rights and who is willing to share said profits and revenues with the owner. Here, the owner of some rights or the 'licenser' would be the one to give the permission for the exploitation of his- or her own intellectual property creation. This permission or 'license' in its most widely used terminology, is granted to the licensee is given or conferred to someone, who is usually called the 'licensee'. Before the technology is transferred through licensing, it is a standard procedure for the parties to enter into a technology transfer or license agreement. This license agreement is generally codified in a document signed and executed by both parties.
The issue of initial entitlement to an intellectual property right arises from the creation of the invention onwards. The party or parties entitled to such ownership of intellectual property may deal with their rights, disposing of them by assignment or allowing third parties to act within the scope of the monopoly, by granting them license to do so.
In order to set up a management of successful collaborative research agreement, it is necessary to know the aims and objectives of each party. Industry and universities have varying aims and objectives. It is therefore imperative that all the parties should specify and indicate their precise aims and objectives in connection to the proposed collaboration or partnership and to create an outline or rough draft of the framework which gives rise to them.
The parties should attempt to foresee and anticipate what each would like to do with the probable results and outcomes and any related advantages and benefits from the said collaboration or partnership. It is suggested that the parties should undertake to arrive at a compromise or agreement as regards the degree and extent to which some or all of the intellectual property results should remain private and confidential. They should also agree with respect to the issue of who would own any intellectual property generated in the course of the research.
Most universities establish their policy or regime on intellectual property by stating therein the philosophy behind its ownership giving emphasis on the institution's objective and purpose in recognizing, cultivating and commercially exploiting scientific discoveries and creations of their faculty member. This is to make clear that the accomplishment and development of research is for the advantage and benefit of the public in general, the university, the inventor or researcher and the research sponsor.
As regards the relationship between the university and the faculty member-inventor, the property ownership regime with respect to the research made or the invention lies on the agreement between them. However, it is essential ...Show more

Summary

Intellectual property rights have never been as much in the news as they are today. Intellectual property is the answer in making people the owners of their ingenuity in creating technology and innovation. The owner of the intellectual property technology or material has the right to manage and control and eventually be compensated or rewarded for its use…
Author : brennon32
Technology Transfer essay example
Read Text Preview
Save Your Time for More Important Things
Let us write or edit the essay on your topic
"Technology Transfer"
with a personal 20% discount.
Grab the best paper

Related Essays

Global Technology Workforce Management
Global technology brings new opportunities for crime, which ranges from computer theft, desk-top forgery, voice and electronic mail terrorism, to graffiti sent by facsimile transmission and electronic data interchange fraud, including 'hacking' and destruction of data by introducing computer viruses
6 pages (1500 words) Essay
Knowledge Transfer and Exchange Plan
It touches at some length the strategies an organization should adopt to assure secure supply of knowledge through knowledge flow processes. It next looks into the Canadian healthcare situation by reviewing two premier Canadian healthcare institutions - Canadian Institutes of Health Research and the Canadian Health Services Research Foundation.
10 pages (2500 words) Essay
International Business Management UNIT4DB
global manufacture, national economies and the world market. Today, China is one of the biggest markets in the world which contains the first place in FDI. Low level of management and lack of researches in this field create a great problem for both Chinese and non-Chinese companies operating worldwide.
2 pages (500 words) Essay
The Idea Behind Two Articles: Foundation of Theory building in International Business And Designing Online Transfer Of Technology
Very often, more than the message or information conveyed through an article, the idea that it puts across is more important and relevant. The articles do discuss a plethora of ideas, from online technology transfer to international business.
2 pages (500 words) Essay
Information Communication Technology
“ICT tools can be used to find, explore, analyze, exchange and present information responsibly and without discrimination. ICT can be employed to give users quick access to ideas and experiences from a wide range of people, communities and cultures.”(Rice, MF 2005)
8 pages (2000 words) Essay
Current Issues ( Pls assign Ozzie No:2452)
Using the case of China, it can be shown that planning, effective methodology, application of technology and cultural understanding are essential for success. Most importantly, by going slowly and planning carefully, a company can be
10 pages (2500 words) Essay
Transfer essay
When I was growing up, I always had this “Mr. Fix It” attitude. I would always tag along with my father whenever he fixes something in the house: radios, ceiling fans, car engine, and even toilet drains and kitchen sinks
4 pages (1000 words) Essay
Coursework of innovation and technology transfer
se аdvаnces аre driven by the mаrket preferences of customers; by regulаtory requirements relаted to cleаn аir, sаfety, аnd fuel consumption; аnd by the opportunities presented by the powerful progress of technology. In the United Stаtes, emissions from new
12 pages (3000 words) Essay
Why transfer
While UW provides a stimulating environment for undergraduate education and I have been enjoying both studying and campus life in beautiful Seattle, I found my academic interest has changed lately. I
2 pages (500 words) Essay
Joint Venture Companies - issues with Intellectual property protection and Technology Transfer
It could be equally shared or divided according to certain percentages depending on the agreement. According to research conducted by Liu et al. (2014), the performance of joint venture companies is a mixed one. It is a mixed one
13 pages (3250 words) Essay
Get a custom paper written
by a pro under your requirements!
Win a special DISCOUNT!
Put in your e-mail and click the button with your lucky finger
Your email
YOUR PRIZE:
Apply my DISCOUNT
Comments (0)
Rate this paper:
Thank you! Your comment has been sent and will be posted after moderation