Technology transfer is the movement of knowledge and discoveries to the public. It can occur through publications, students entering the workforce, exchanges at conferences, and relationships with industry. From an institutional perspective, technology transfer refers to the formal licensing of technology to third parties, under the guidance of professionals employed by universities, research institutes, and businesses, within specialist departments focused on these activities.
- The mission of Qatar Foundation Research and Development’s Office of Intellectual Property and Technology Transfer (IPTT) is to capture the advances, discoveries and inventions assigned to or developed by Qatar Foundation (QF), or developed through QF funding; and to transform them into innovations (broadly-available inventions) that will enhance Qatar’s global reputation, and attract investment and commercial opportunities with which to build the nation’s sustainable and diversified economy.
- IPTT’s role reflects the recognition that wealth creation in knowledge-based economies comes from the generation of new ideas that disrupt traditional ways of doing things and displace them with innovations that, when commercialized, enhance a nation’s economic prosperity and social well-being.