Opinion: Technology transfer offices are catalysts for innovation

Technology transfer offices, or TTOs, may be one of the most effective ways to bridge the gap between ideas and marketable solutions, and to scale innovation for development in low- and middle-income countries. Which is why they need proper resourcing and pathways to leverage the expertise of their staff.

Ensuring proper TTO linkages within higher education institutions and with external groups from government and the private sector, along with adequate TTO resourcing can support economic growth in LMICs.  

In today’s rapidly changing world, innovation is essential for sustained economic growth and development. Emerging economies face a set of distinct challenges due to limited resources, instability, and volatility. These conditions present both unique opportunities and obstacles when it comes to fostering innovation.