Knowledge Transfer & Commercialisation

In recent years, universities are facing a decline in research funding from their traditional sources while globalisation exposes companies to new, steeper competitions beyond their shores.

As universities seek research funding from the industry and industry seek for solutions beyond their traditional sources, there is now an increase in collaboration between industry and the university. Additionally, millennials, who are currently undergoing their undergraduate studies in these universities, are a lot more entrepreneurial than their predecessors, with many seeking to start organisations/businesses that will make a positive difference in the community they live in. 

In order to facilitate collaborations with the industry and to assist their students which their entrepreneurial endeavour, universities are seeing a need to have a knowledge transfer and commercialisation office.  Taylor’s University is no different. 

In keeping with the changing landscape, Taylor’s University Knowledge Transfer and Commercialisation office, within the Research & Enterprise Department, has been tasked not only to assist with collaboration with the industry, but also with the nurturing of ideas and technology into commercially viable propositions.