TT safeguards and transfers the IP from university to the market. Any inventions or discoveries from universities can see the light of the day in the form of publication in a peer-reviewed research journals, presentation of paper in conferences or join hands for a collaborative work with other universities. However, when the research is protected by a patent, the technology can be monetized by patent licensing, either exclusive or non-exclusive or by assignment (sale of technology). The technology could also get transferred when it is used to incubate a startup. The startup then becomes the entity that works on commercializing the technology.
- Assignment of IP