Transfer of know-how, the need for a holistic approach

Abstract

Experience shows that many products and processes developed in the laboratory do not see the light of day due to lack of a holistic approach. The scientists who develop know-how are often satisfied with the publication and patents. Their efforts do not mature in the form of technology because the development of technology is a group activity where the involvement of entrepreneur is also needed. The good work done by scientists remains in the archives of the laboratory in the form of reports due to lack of a systematic approach in its commercialization. The paper discusses various factors, which inhibit the development of know-how into a marketable technology, and the factors, which hinder its transfer to the user's place. It also suggests ways for effective utilization of R& D efforts.