Technology Transfer is the process of moving scientific discoveries from research labs to the commercial market. It's like building a bridge between scientists and businesses. People working in this field help turn laboratory discoveries into real products that can help patients. They handle things like patents, licensing agreements, and partnerships between universities or research institutions and companies. Think of them as translators who help researchers and businesses speak the same language and work together to bring new medicines or medical devices to the public.
Managed Technology Transfer projects between university research teams and pharmaceutical companies
Led Tech Transfer initiatives resulting in 5 successful drug development partnerships
Coordinated Technology Transfer and licensing agreements for breakthrough medical devices
Typical job title: "Technology Transfer Managers"
Also try searching for:
Q: Can you describe a complex technology transfer deal you managed and how you overcame any challenges?
Expected Answer: Look for answers that show experience in managing negotiations between multiple parties, understanding of both scientific and business aspects, and successful problem-solving in deal-making situations.
Q: How do you evaluate the commercial potential of a new technology?
Expected Answer: Strong answers should mention market analysis, assessment of patent landscape, consideration of development costs, and evaluation of competing technologies.
Q: What are the key components of a good licensing agreement?
Expected Answer: Should mention key terms like royalties, territory rights, development milestones, and termination clauses, showing understanding of both business and legal aspects.
Q: How do you maintain good relationships between researchers and industry partners?
Expected Answer: Should discuss communication strategies, managing expectations, and balancing academic and commercial interests.
Q: What is the basic process of technology transfer from lab to market?
Expected Answer: Should be able to outline the basic steps: invention disclosure, patent filing, marketing, negotiation, and licensing.
Q: Why is intellectual property protection important in technology transfer?
Expected Answer: Should explain how patents and other IP rights protect innovations and make them valuable for commercialization.