Technology transfer refers to the process of sharing or disseminating technology, knowledge, skills, manufacturing methods, or facilities among governments, universities, businesses, and other institutions. This can occur within a single organization or between different organizations and is often aimed at ensuring that scientific and technological developments are accessible to a wider range of users who can further develop and exploit the technology into new products, processes, applications, materials, or services. Technology transfer can take various forms including: 1. **Licensing Agreements**: Where one party allows another to use its technology under specific conditions. 2. **Joint Ventures**: Collaborative partnerships where multiple parties work together to develop new technologies. 3. **Research Collaborations**: Partnerships between research institutions and companies to co-develop new technologies. 4. **Spin-offs**: New companies formed from existing organizations to commercialize new technologies. 5. **Consulting Services**: Experts providing advice on how to implement or improve technological processes. The goal of technology transfer is often to bridge the gap between research and practical application in the market, fostering innovation and economic growth.