Knowledge transfer
Knowledge transfer is the bridge between academic research and the use of that research by societal and economic stakeholders. It is a mechanism to close the gap that usually exists between (fundamental) researchers and practitioners in any field of society.
Effective knowledge transfer (or valorization) entails an ongoing process that starts at a very early stage of innovative research, may turn out into an industrial collaboration project, license agreement and/or a spin-off company. It is essentially about establishing a successful long-term relationship and collaboration between researchers, entrepreneurs and public and private third parties.