Meaning of technology transfer | Babel Free

Definitions

1. The movement of (especially new) technology from one field or region to another, especially from a research institution to the marketplace in order to allow commercialization.
   countable, uncountable
2. The use of a concept or product from one technology to solve a problem in an unrelated one.
   countable, uncountable

Equivalents

Examples

“University licensing offices have⟳ at their disposal a number⟳ of contractual arrangements to facilitate technology transfer⟳, including secrecy agreements, options, licenses, material transfer⟳ agreements, and equity investments.”

“Technology transfer⟳ from the space program⟳ has fueled many inventions and innovations, but it was also the excitement of this human accomplishment that drove many young minds (including that of your author) to enter⟳ STEM careers.”

CEFR level