Midlands Innovation Relay Centre

Technology Transfer from one country to another is achieved when an organisation and/or company makes an innovative technology available to another organisation and/or company. This can occur in the form of a licensing agreement, a joint venture agreement, a manufacturing agreement, and/or a commercial agreement with technical assistance. The IRC's role is to enhance their client's ability to perform technology transfer, to audit their technological needs, to find suitable technologies and/or partners, to support their clients throughout all the steps of the technology transfer process, for example in assisting them in the negotiation process or by advising them on IPR or innovation financing.