What does the term "technology transfer" refer to in academia? 🔊
The term technology transfer in academia refers to the process of sharing or disseminating scientific research, knowledge, and innovations from academic institutions to commercial entities or the wider public. This can involve licensing patents, collaborating with industry, or spinning off startups based on research findings. Technology transfer aims to bridge the gap between research and practical application, fostering innovation, economic development, and societal benefit.
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