Question

The president of Mountain Home University has been asked by her board of trustees to set up a mechanism for the commercialization of technology developed at the university. Such a mechanism is typically called a:

(A) business department.
(B) commercialization office
(C) technology transfer office.
(D) royalty department.

Answer 1

Option D

Such a mechanism is typically called a: technology transfer office

Step-by-step explanation:

Various universities presently ought technology transfer offices, which appear to believe that vast trials are required to perceive scientists engaged in industrial obstacles. The technology transfer office is the primary clearinghouse for permitting IP from the university.

University technology transfer offices (TTOs), are effective for technology transfer and different perspectives of the commercialization of investigation that regards the situation in a university. TTOs employ a diversity of profitable exercises that are intended to promote the means of producing research progress to market, frequently serving as a channel within academia and business.