the.com/technology transfer
turning a lab's expensive curiosity into someone else's product line.
means the process of moving inventions, know-how, or patents from where they're discovered — usually universities or labs — to where they can be made and sold.
from emerged as a formal term in the mid-20th century when governments realized publicly funded research was rotting in filing cabinets; the US Bayh-Dole Act of 1980 let universities patent and license federally funded discoveries, turning research offices into deal-making machines.
bayh-dole actunlocked thousands of university patents overnight
revenue splitinventors often get a cut of licensing income
gatorade originuniversity of florida invented it, licensed it, earns royalties still
biggest bottlenecklawyers, not lab equipment, usually slow it down