Technology Transfer Agreements and Commercialization Services
Technology transfer is the process of moving scientific knowledge, invention, or know-how from the creator (e.g., university, lab) to the business sector for commercialization. It is the engine of the innovation economy. However, the transfer process is legally complex, involving not just patents but technical documentation, personnel knowledge, and trade secrets. A properly drafted agreement must regulate the rights of the parties, revenue sharing, confidentiality, and future improvements to the technology.
Legal.ge offers expert services in technology transfer. We assist research institutes, startups, and corporations in concluding secure and mutually beneficial transfer agreements. Our goal is to facilitate the introduction of innovations to the market while protecting intellectual property.
What Does Technology Transfer Service Cover?
Our service is comprehensive and covers all transfer stages:
- IP Audit and Valuation: Determining the legal status (patent, know-how) of the technology being transferred and assessing its commercial potential.
- Agreement Drafting: Preparing a complex contract that includes licensing, technical assistance, and equipment transfer.
- Spin-off Creation: Legal support for establishing a new company based on university research for technology commercialization.
- Know-How Protection: Developing strict confidentiality mechanisms (NDA) for transferring unpatented knowledge.
- Grants and Funding: Legal analysis of grant agreements (e.g., GITA) related to technology transfer.
- International Transfer: Compliance with technology export/import regulations.
Common Situations and Scenarios
A typical scenario is university-business collaboration. A company funds laboratory research to create a new drug. Disputes arise over who owns the resulting patent. A lawyer drafts an agreement in advance specifying that the patent belongs to the university, while the company receives an exclusive license.
Another scenario is technology franchising. A restaurant chain sells a franchise that includes not only the brand but also secret food preparation technology. A lawyer ensures this technology remains protected from competition even after the contract ends.
Georgian Legislation and Legal Framework
Technology transfer is regulated by the Civil Code, Patent Law, and the Law on Innovations. Legislation on state procurement and grants is also relevant if public funding is involved.
Process of Receiving Services
A Legal.ge specialist first analyzes the technology. We distinguish what should be patented and what should remain a Trade Secret. Then negotiations with the receiving party begin. The contract details transfer stages (handing over documentation, staff training). The result is a deal that provides guarantees to both parties.
Innovation is valuable when it works. We help you take technology from the lab to the market.
Why Choose a Specialist on Legal.ge?
Technology transfer requires knowing the language of science and business. Legal.ge gives you access to lawyers with experience in the R&D sector who know how to protect intellectual capital.
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