The technology transfer process is one of the most valuable indicators for evaluating the state of health of relations between universities, research centres, startups and companies. Applied technology for corporate entrepreneurship and innovation is crucial in order to increase productivity, business competitiveness and to increase revenue.
Relationships between the sphere of knowledge and research and the business world do not just determine the added value of products and services, they are also a key source of competitive advantage in a globalized world like the one we live in. The next Mobile Talks, which will take place at ISDI Madrid, on 5 July from 9.30 to 11 am, will tackle and further examine the implications of technology transfer, with the participation of a group of experts through an international perspective.
Technology transfer from research centres and universities to the business world is one of the key points of innovation in a territory. At present, in a global sphere whose most important challenges are increased competition and mobile production activities that are geographically fragmented. As outlined by the OECD, technology and innovation are a crucial source of sustainable competitive advantage and a central focus of economic policy.
Scientific and technological knowledge constitute essential elements in order to achieve an advantageous position in all spheres of human development. It is practically impossible to find a field where technology is not manifestly present: from simple and daily transactions like paying for a public transport service, to producing nuclear energy or space exploration. This entire body of technological knowledge is extremely valuable, not just in terms of strategic and political value, bot also economic value.
Innovation and technology are decisive elements for long-term per capita productivity, and in order for companies to grow at an economic level. The recipe for having good technology transfer is to promote cooperation between universities and research centres and entrepreneurs and companies that can launch pilot projects in phases following the development period of a technology solution.
Ultimately, technology transfer is, if you will, a form of outsourcing the cost of developing the technologies needed for the end product. Monetising a scientific project is one of the signs for measuring the success of its technology transfer. The key to an optimum technology transfer process is the cooperation of all the stakeholders involved.
Concentration of knowledge
Programs such as The Collider at Mobile World Capital promote technology and digital projects from the best universities and research centres, identify and channel the best business and scientific talent, and create companies with high scientific potential in order to tackle complex industrial problems.
Although the new global economic reality enables new and powerful players such as China to emerge, there is what is known as a “concentration of knowledge”, where the main producers of technological knowledge are located in just a small part of the world. Only 15% of the world population —especially the United States and the European Union— provides most of the world’s technological innovations, while less than half of the global population is able to adapt those technologies in production and consumption.