Why Technology Transfer?

The UK is recognised as having a leading scientific record. The UK’s investment in science (>£22bn in 2004) is important for our economic performance and competitive edge in the global market.

Technology Transfer is a key part of ensuring the country’s investment in science generates the maximum benefits for the nation in the form of jobs and prosperity.

The benefits to industry include access to de-risked technology under agreements that allows a pay-as-you-earn financial arrangement. This delivers a shorter time to market for technologically enhanced products with strong intellectual property protection.

The Government’s metrics for assessing progress under the 2004 ten-year Investment Framework of Science and Innovation include: the number, quantity and value of intellectual property licenses and the quantity and economic value of spin-outs.

Ploughshare carries out technology transfer activities on behalf of Dstl, generating licensing income and spin-outs from Dstl’s intellectual property.