The Relevance of Technology Transfer

Frank Piller (), Dennis Hilgers () and Lisa Schmidthuber ()
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Frank Piller: RWTH Aachen University
Dennis Hilgers: Johannes Kepler University Linz
Lisa Schmidthuber: Vienna University of Economics and Business

A chapter in New Perspectives in Technology Transfer, 2021, pp 149-163 from Springer

Abstract: Abstract The economic strength of nations worldwide is increasingly dependent on its research systems to sustain innovation and new product and service development. Besides research, education and entrepreneurial innovation are seen as core factors to promote a dynamic and competitive modern economy and nearly all governments in the world pursue research and technological development programs to fund research activities especially at universities, research laboratories, and companies, intending to constantly advance their economy. How can knowledge from basic research be used for industrial practice at an early stage? What are the different channels of knowledge transfer? And above all, how can this process be accelerated? In this chapter, we will discuss the mechanisms and consequences of new technology transfer instruments and approaches and depict their relevance for a more productive technology transfer. We end with an outlook on the potential role of artificial intelligence and machine learning for the future of technology transfer.

Keywords: Technology transfer; Open innovation; R&D; Innovation policy (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:spr:fgfchp:978-3-030-61477-5_9

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DOI: 10.1007/978-3-030-61477-5_9

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