Technology transfer support
Luxinnovation can assist you in your technology transfer processes through a technology brokerage service, using resources such as the Enterprise Europe Network. Applying a tried and tested methodology, Luxinnovation supports clients from the definition of their technology needs to the conclusion of a technology partnership agreement.
Technology transfer support involves four steps:
Step 1: Evaluating the innovation capacity – company visits and diagnostics
Luxinnovation's experts visit Luxembourg companies in order to identify their technology needs and analyse their capacity to undertake innovation activities. Using a diagnostic tool that they have developed for this purpose, they assess the situation in order to determine the company's innovation needs. This evaluation also helps to identify the best way to proceed when launching the innovation process.
Step 2: Documenting the technology requirements
In cases where technology transfer is identified as a suitable way forward, Luxinnovation helps the company to specify its needs. An anonymous profile – an offer or a request – matching the company’s technology objective is then written. Technology offers are proposals from enterprises or laboratories that have technologies that they wish to transfer. Technology requests are issued by enterprises or laboratories that need technologies that they do not currently have at their disposal.
Step 3: Searching for suitable partners
Once completed, the technology offer or request is disseminated through a number of distribution channels, such as:
- the Technology Market of the Enterprise Europe Network
- participation in brokerage events organised by the Enterprise Europe Network, which cover various sectors and aim to promote the activities of various types of organisation at national, regional or European level notably by means of prearranged bilateral meetings between potential partners
- visits to other companies (company missions), enabling participants to discover businesses in Europe with technological capabilities that may be relevant to their activity domains
- the Luxembourg Portal for Innovation and Research.
In parallel with this large-scale dissemination, a targeted search for potential partners is carried out.
These two actions allow the company to get in contact with potential partners that have been identified. The company can thus assess different collaboration opportunities.
Step 4: Concluding a partnership agreement
The objective of technology transfer is to create added value for the parties involved in a collaboration by setting up a bilateral work partnership between them. Various forms of technical cooperation are possible within the framework of a technology transfer:
- a licence purchase or concession
- a production contract (sub-contracting)
- a joint development
- a joint venture, etc.
Before a technological partnership can be signed, all relevant contractual matters must be settled. These notably include the technology concerned, which must be clearly defined, the financial aspects, and the role and responsibilities of each partner.