{"id":7961,"date":"2021-08-25T09:04:36","date_gmt":"2021-08-25T09:04:36","guid":{"rendered":"https:\/\/swaritadvisors.com\/blog\/?p=7961"},"modified":"2021-08-25T09:08:18","modified_gmt":"2021-08-25T09:08:18","slug":"technology-transfer-of-ipr","status":"publish","type":"post","link":"https:\/\/swaritadvisors.com\/blog\/technology-transfer-of-ipr\/","title":{"rendered":"Facilitating Technology Transfer: A New Feature of IPR"},"content":{"rendered":"\n<p class=\"has-drop-cap\">Technology Transfer, also known as <strong><em>TOT or Transfer of Technology, <\/em><\/strong>is distributing technology from one organisation\/individual to another. These transfers of technology may occur between research institutes, educational institutions, businesses, MNCs, and governments across the border. Such distribution of technology can happen in either formal or informal ways or in an open or closed transaction. <\/p>\n\n\n\n<p>These\nforms of knowledge transfer aids ensure that technological &amp; scientific\ndevelopments are available to an extensive range of users who can aid develop\nor exploit them. A vital part of tech is the protection of IP (Intellectual\nProperty) associated with innovations developed at research organisations. This\nmeans licensing patented IP to outside businesses or the creation of start-up\ncompanies to license the Intellectual Property.<\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-light-blue ez-toc-container-direction\">\n<p class=\"ez-toc-title\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a3b2d0980dc5\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a3b2d0980dc5\"  aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/swaritadvisors.com\/blog\/technology-transfer-of-ipr\/#What_is_the_Significance_of_Technology_Transfer\" title=\"What is the Significance of Technology Transfer?\">What is the Significance of Technology Transfer?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/swaritadvisors.com\/blog\/technology-transfer-of-ipr\/#How_does_IPR_Provide_Technology_Transfer\" title=\"How does IPR\nProvide Technology Transfer?\">How does IPR\nProvide Technology Transfer?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/swaritadvisors.com\/blog\/technology-transfer-of-ipr\/#How_does_IPR_International_Trade_and_IPR_FDI_impact_Technology_Transfer\" title=\"How does IPR &amp; International Trade and IPR &amp; FDI impact Technology Transfer?\">How does IPR &amp; International Trade and IPR &amp; FDI impact Technology Transfer?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/swaritadvisors.com\/blog\/technology-transfer-of-ipr\/#How_do_SMEs_adopt_TOT\" title=\"How do SMEs\nadopt TOT?\">How do SMEs\nadopt TOT?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/swaritadvisors.com\/blog\/technology-transfer-of-ipr\/#Technology_Transfer_in_India\" title=\"Technology\nTransfer in India\">Technology\nTransfer in India<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/swaritadvisors.com\/blog\/technology-transfer-of-ipr\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_is_the_Significance_of_Technology_Transfer\"><\/span>What is the Significance of Technology Transfer?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ul><li>Technology transfer facilities\nthe technology development process of the initial stage of Intellectual\nProperty into tangible goods or tools for practical usage by the masses. <\/li><li>Victorious partnerships are\ncreated between researchers from different academic companies or institutions\nto boost knowledge in a particular sector further or improve the technology.\nThese partnerships might induce licensing or funded research possibilities for\nboth parties.<\/li><li>Moreover, Transfer of\nTechnology (TOT) ensures that the Intellectual Property interest and rights of\nthe university are preserved. The university has the capability to keep the\nIPRs of the technology and provide a license for restricted usage of the\ntechnology.<\/li><li>Research organisations and\ntheir commercial partners benefit from victorious Technology Transfers as they\nfurther advance technologies. Such organisation gains an appreciation for their\ninnovation potential &amp; improves their reputation. Whereas, on the other\nside, licensing technology from a university aids the industry partners cut\ndown expenses throughout the R&amp;D process.<\/li><li>The development in technology\naid in the growth of the local economy. The public is eventually beneficiary of\nsuch developments. They are the only ones who benefit from both \u2013 the items\nthat reach the market &amp; the jobs that follow from product research\nmanufacture &amp; sale due to the Transfer of Technology.<\/li><li>Many developing countries\naround the world are highly dependent on technology. The necessity to get\ntechnology from overseas markets emerges as an outcome of a lack of resources.\nDeveloping countries have sought both national and international agreements to\nboost international Technology Transfer.<\/li><li>The most vital benefit of TOT\nis an increase in the national revenue of the country. As a result, TOT is\nessential for developing countries, as it encourages goodwill &amp; economic\nprogress. <\/li><\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"How_does_IPR_Provide_Technology_Transfer\"><\/span>How does IPR\nProvide Technology Transfer?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Owing\nto the rise in competition among various sectors, technology has been involved\nas one of the influential groundbreaking factors enabling the improvement of\ncorporate companies &amp; research organisations. Innovations in technology are\nplaying an essential role in designing the global economic picture.<\/p>\n\n\n\n<p>In\nthe current digital world, technologies have become more &amp; more precious,\nhence, becoming more likely to be targeted by infringers, so reducing the\nincentive of the inventor for the technology in question &amp; future\nendeavours. Further, the infringers would be able to accomplish the outcomes at\na lower price, putting them in a better position than the innovator. Such\nviolations are when the establishment of Intellectual Property Rights (IPRs)\ncomes in and limits access to the inventors&#8217; technology.<\/p>\n\n\n\n<p>Intellectual\nProperty Right (IPR) protection that is valid and effective helps developing\ncountries in their growth and Technology Transfer, gaining rewards for\ninnovation &amp; delivering returns on R&amp;D investments. However, inadequate\nIPR protection leads to spillovers of sensitive data by national firms, whereas\nextreme Intellectual Property Right (IPR) protection leads to inadequate\nknowledge diffusion &amp; obstructs innovation growth. As an outcome, robust\nIPR protection succeeds, permitting them to participate in innovative\nactivities &amp; hence boost economic growth. For quick information\ndistribution as a source of technology growth, developing countries should\naccept inadequate Intellectual Property Right (IPR) protection. Bigger\nIntellectual Property Right (IPR) protection may promote developing countries\nto depend on original businesses that specialise in counterfeiting &amp;\ncopying while rewarding originality in developed nations.<\/p>\n\n\n\n<p>The\npractice of Technology Transfer refers to voluntary or non-market transactions,\nas an outcome of which an institution or an individual gains access to\ntechnology developed in a different nation. Hence, policies made to create a\ngood and effective Intellectual Property Rights regime aids developing\ncountries to access foreign technology.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"How_does_IPR_International_Trade_and_IPR_FDI_impact_Technology_Transfer\"><\/span>How does IPR &amp; International Trade and IPR &amp; FDI impact Technology Transfer?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter is-resized\"><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/swaritadvisors.com\/blog\/wp-content\/uploads\/2021\/08\/How-does-IPR-International-Trade-and-IPR-FDI-impact-Technology-Transfer.png\" alt=\"How does IPR &amp; International Trade and IPR &amp; FDI impact Technology Transfer\" class=\"wp-image-7972\" width=\"499\" height=\"271\" srcset=\"https:\/\/swaritadvisors.com\/blog\/wp-content\/uploads\/2021\/08\/How-does-IPR-International-Trade-and-IPR-FDI-impact-Technology-Transfer.png 998w, https:\/\/swaritadvisors.com\/blog\/wp-content\/uploads\/2021\/08\/How-does-IPR-International-Trade-and-IPR-FDI-impact-Technology-Transfer-300x163.png 300w, https:\/\/swaritadvisors.com\/blog\/wp-content\/uploads\/2021\/08\/How-does-IPR-International-Trade-and-IPR-FDI-impact-Technology-Transfer-768x417.png 768w\" sizes=\"(max-width: 499px) 100vw, 499px\" \/><\/figure><\/div>\n\n\n\n<ol><li><strong><em>IPR and FDI<\/em><\/strong><\/li><\/ol>\n\n\n\n<p>FDI\nor Foreign Direct Investment is a vital source for technology diffusion\nresulting in Technology Transfer across the boundaries or even when it is\nrestricted to the host nation. However, it can also lead to spillover\nadvantages for national firms. Because of FDI, national firms may find it\nsimpler to copy the product through reverse engineering. Because of the high licensing\nexpenditure, entities with composite technology &amp; specific products choose\nFDI over licensing. Robust IPR protection reduces the threat of technology\nspillover &amp; raises technology licensing and joint ventures, whereas weaker\nIPR protection may discourage Foreign Direct Investment and negatively affect\nthe investment climate of the country. For nations with absorptive capacity,\nForeign Direct Investment is seen to be effective. Apart from that, foreign\ninflows are higher in countries with more vital IP protection since certain\nbusinesses require patenting at different stages of production.<\/p>\n\n\n\n<p><strong>2.<\/strong> <strong><em>IP and International Trade<\/em><\/strong><\/p>\n\n\n\n<p>International\nTrade performs as a vital channel for the distribution of technology. The\nPatent strength &amp; its usefulness determine the costing of traded\ntechnologies, as the most robust Patent strength creates a competitive benefit\nfor distribution &amp; sale services. Organisations or institutions promote\ntransferring technologies to nations with powerful IPR regimes as such regimes\nensure effectiveness. It also boosts market power, thereby decreasing competition.\nBut, a weaker Intellectual Property Rights regime doesn\u2019t stop the process of\nTransfer of Technology completely as high-tech products are hard to copy;\nhence, they are transferred rapidly. But, a strong Intellectual Property Rights\nregime does make sure the transferability of high-tech, and low-tech products,\nfrom which the advantage of the masses can be ensured to the best possible\nlevel.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"How_do_SMEs_adopt_TOT\"><\/span>How do SMEs\nadopt TOT?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>TOT\nis vital for SMEs (Small and Medium-Sized Enterprises), who can use the process\nto aid them in competing with bigger competitors. Rather than having to pay for\ninternal Research &amp; Development, SMEs are able to establish alliances with\nfellow companies &amp; research institutes to produce innovations, lessen\nfinancial risks or share technologies.<\/p>\n\n\n\n<p>SMEs\nadopt this method to aid their requirements, address obstacles &amp;\nchallenges, get and improve technologies &amp; access new research that they\ncan take forward.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Technology_Transfer_in_India\"><\/span>Technology\nTransfer in India<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p><strong><em>Section 83 (c) of the Indian Patents Act, 1970<\/em><\/strong><sup><a class=\"text-primary\" href=\"https:\/\/ipindia.gov.in\/writereaddata\/Portal\/ev\/sections\/ps83.html\"><strong>[1]<\/strong><\/a><\/sup><strong><em> <\/em><\/strong>says that enforcement &amp; protection of Patent Rights contribute to the promotion of technological innovation &amp; the transfer and distribution of technology. In current years, improvements in technologies have resulted in substantive alters in the Patent regime of India, which has affected many businesses &amp; institutions in India that depend on <strong><a href=\"https:\/\/swaritadvisors.com\/patent-registration\" class=\"text-primary\">Patent<\/a><\/strong> to safeguard their technology improvements &amp; innovations.<\/p>\n\n\n\n<p>To\nassist technology improvements in India, the Government of India has also taken\nsome initiative in national &amp; state-level schemes, regulations, policies,\nor by changing already existing rules &amp; acts. These comprise:<\/p>\n\n\n\n<ul><li>Modernisation of Intellectual\nProperty offices;<\/li><li>Adoption of plans like Make in\nIndia;<\/li><li>Appointment of Patent\ninspectors and so on;<\/li><li>Declaration of 2010 to 20 as\nthe \u201c<strong><em>Decade\nof Innovation<\/em><\/strong>\u201d;<\/li><li>Enactment of the <strong><em>Patent\n(Amendment) Rules, 2016 and the Patent (Amendment) Rules, 2017<\/em><\/strong>.<\/li><\/ul>\n\n\n\n<p>These\ninitiatives intend to provide &amp; support the R&amp;D processes for corporate\ncompanies or research organisations. As discussed above, there exists a robust\nconnection between the Intellectual Property regime of a country &amp; its\ninnovation, growth, and Transfer of Technology (TOT), and the Government of\nIndia steps to provide the R&amp;D processes represents that TOT is vital for\nthe economic growth of a developing nation.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span>Conclusion<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The TOT can either be open or enigmatic, national or international. It generally happens via licensing agreements; however, sometimes, companies or entities utilise another route for Technology Transfer. Intellectual Property facilitates TOT by regulating the marker &amp; preventing replication. From above, it is clear that a balanced Intellectual Property Right (IPR) regime is the most appropriate one for TOT.<\/p>\n\n\n\n<p class=\"text-left\"><b>Read our article<\/b>:<mark style=\"background: #fffd03 !important;\"><a href=\"https:\/\/swaritadvisors.com\/blog\/role-of-ip-in-branding\/\">What is the Role of IP in Branding?<\/a><\/mark><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Technology Transfer, also known as TOT or Transfer of Technology, is distributing technology from one organisation\/individual to another. These transfers of technology may occur between research institutes, educational institutions, businesses, MNCs, and governments across the border. Such distribution of technology can happen in either formal or informal ways or in an open or closed transaction. [&hellip;]<\/p>\n","protected":false},"author":6,"featured_media":7970,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[695],"tags":[825],"acf":[],"_links":{"self":[{"href":"https:\/\/swaritadvisors.com\/blog\/wp-json\/wp\/v2\/posts\/7961"}],"collection":[{"href":"https:\/\/swaritadvisors.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/swaritadvisors.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/swaritadvisors.com\/blog\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/swaritadvisors.com\/blog\/wp-json\/wp\/v2\/comments?post=7961"}],"version-history":[{"count":13,"href":"https:\/\/swaritadvisors.com\/blog\/wp-json\/wp\/v2\/posts\/7961\/revisions"}],"predecessor-version":[{"id":7978,"href":"https:\/\/swaritadvisors.com\/blog\/wp-json\/wp\/v2\/posts\/7961\/revisions\/7978"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/swaritadvisors.com\/blog\/wp-json\/wp\/v2\/media\/7970"}],"wp:attachment":[{"href":"https:\/\/swaritadvisors.com\/blog\/wp-json\/wp\/v2\/media?parent=7961"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/swaritadvisors.com\/blog\/wp-json\/wp\/v2\/categories?post=7961"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/swaritadvisors.com\/blog\/wp-json\/wp\/v2\/tags?post=7961"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}