TTOs employ a multi-faceted approach to facilitate the commercialization of nanotechnological innovations:
Intellectual Property (IP) Management: TTOs assist researchers in identifying and protecting intellectual property through patents and trademarks. This is crucial for maintaining a competitive edge in the market. Market Analysis: TTOs conduct market research to identify potential applications and industries that could benefit from the nanotechnology being developed. This helps in tailoring the innovation to meet market needs. Licensing Agreements: TTOs negotiate licensing agreements with companies that are interested in commercializing the technology. These agreements provide revenue streams that can be reinvested in further research. Industry Partnerships: TTOs facilitate collaborations between academia and industry, enabling the co-development of nanotechnologies. Such partnerships often lead to faster and more efficient commercialization. Startup Support: For groundbreaking nanotechnologies, TTOs may assist in forming startup companies. They provide support in areas like business planning, funding, and management.
