Academic Technology Transfer and Radiology

To date, technology transfer from academia to industry has been strongest in the biotechnology and pharmaceutical sector. The medical imaging and medical device industries have traditionally been smaller players and, as a result, some, perhaps many, investigators in radiology are unaware of the potential value of technology transfer and the opportunity to receive sponsorship for research from medical imaging companies. Many investigators are also unaware of opportunities to introduce important academic discoveries into clinical practice through licensing and technology transfer. These untapped opportunities are not only valuable, but also are becoming more and more important in light of the ever-increasing difficulties associated with sustaining and receiving new government funding. The goal of this article is to provide academic scientists in the field of radiology with insights about the key aspects of the technology transfer process, including observations about inventions, intellectual property, and industry-sponsored research.