Scientific Essay from the year 2009 in the subject Business economics - Business Management, Corporate Governance, , language: English, abstract: Technology transfer is the process through which knowledge, products or processes are transferred from one organization to another for business benefit. Indeed, the study of technology transfer is not new; however, recent years have witnessed the emergence of new paradigms for technology transfer, reflecting the internationalisation of the economy, shorter process-cycles and the diversity of roles of the different parties involved. The understanding of technology transfer is different for the different stakeholders: governments and end-users need to understand the costs and benefits of a technology; innovators need to understand how to adapt it; and firms need to understand how to market it and how it meets user needs. A successful commercialisation process needs to consider the interests of each stakeholder and to guarantee long-term sustainability. INI-Novation GmbH has successfully developed an innovative and novel approach for technology transfer and technology commercialisation, covering and linking all the elements in this process and supporting the entrepreneurs from identifying the commercial potential to winning the first customers.