What is a Technology Transfer Agreement?

A Technology Transfer Agreement, or “TTA”, is a legal agreement typically between a research institution and a business entity. This agreement serves as a way to transfer technology or intellectual property rights from the research institution to the business. This type of agreement may be used, for example, when a company wishes to license a technology from a university in order to use it in their products. The Technology Transfer Agreement must specify the terms of the transfer, such as how long the technology can be used and how much the company will pay for the rights to the technology. Additionally, it should also include any restrictions on the use of the technology, such as if the technology may only be used in a certain geographic region. In California, the Berkeley Technology Transfer Office is responsible for overseeing Technology Transfer Agreements between UC Berkeley and private sector companies. This office ensures that all legal and financial aspects of the transfer are handled properly, as well as any other related issues. Overall, Technology Transfer Agreements are an important part of the business world, as they allow companies to access new technologies which they would not have been able to obtain on their own. While the legal details and ramifications of technology transfer agreements can be complex, they are an important tool for companies wishing to use the technology of a research institution.

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What is a Technology Transfer Agreement?

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