Technology transfer as the process of developing practical applications for the results of scientific research is one of the most interesting aspects of life-science.
The process to commercially exploit research varies widely. It can involve licensing agreements or setting up joint ventures and partnerships to share both the risks and rewards of bringing new technologies to market. Other corporate vehicles, e.g. spin-outs, are used where the host organization does not have the necessary will, resources or skills to develop a new technology.
With respect to the author it can be stated that important aspects of his research were prepared for the market and then transfered to small enterprises for commercial exploitation.
Here, three examples are given which are of increasing commercial interest:
- Life insurance for horticultural plants: commercial inoculum of mycorrhizal fungi
- Domestication: In vitro cultivation of the medicinal plant Baptisia tinctoria for pharmaceutical use
- Re-introduction of a forgotton fibre plant: the stinging nettle