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Technology Transfer

Technology transfer is the process by which research, skills, knowledge and/or technology is transferred from the place where it was developed (such as government, colleges and universities or other research laboratories) into the business environment where it can be developed into a commercial product or service with a wider application and distribution. MacDonald Illig's intellectual property lawyers partner with the firm's business lawyers and outside consultants to advise clients on how to market an invention in a commercial setting.

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This process requires detailed licensing agreements, quality control requirements and understanding how the financial benefits from the process will be shared.  These agreements also require proper protection of the parties in case claims for injuries arise in the future.