What is the main function of a Technology Transfer Office with respect to collaborative research?

The main function of a Technology Transfer Office (TTO) in the context of collaborative research is to assist researchers in commercializing their work. TTOs play a crucial role in bridging the gap between academia and industry by helping researchers identify the commercial potential of their inventions or research findings. This often includes assessing market opportunities, securing funding, filing for patents, and negotiating licensing agreements with companies that can bring these innovations to market.

The support provided by TTOs is vital for translating scientific discoveries into practical applications, allowing researchers to benefit from their work while promoting innovation and economic growth. Furthermore, they offer resources and guidance for navigating the complexities of intellectual property and commercialization, which are critical for bringing collaborative research outcomes to fruition in a way that can benefit society at large.