Road Map for Agricultural Technology Transfer and Commercialisation

Abstract

The management and transfer of agricultural technologies for commercialisation purposes is considered to be a new concept in India. However, there is an upward surge in the technology protection, incubation and other commercialisation activities in recent times. This can be attributed to the recent transformation of the agribusiness ecosystem in the country due to policy initiatives and more focused research in applied and frontier areas. Technologies developed in research or academic institutions are typically transferred through an agreement in which the university or the research institution grants to a third party a licence to use its intellectual property in the defined technology, sometimes for a particular field of use and/or region of the world. The technology transfer process promotes commercialisation, reach of better products to the market and job generation. The expenses incurred towards intellectual property protection and its maintenance can be justified in view of introduction of better products, increased completion in the market, enhanced customer satisfaction, and more revenue and tax generation.