BGN works closely with BGU researchers/inventors to identify the right commercial opportunity for each invention and innovation however successful technology transfer requires teamwork between the BGN experienced business team and the researcher.
The researcher’s knowledge, contacts and technological understanding are important to the successful commercialization process. Furthermore the continuous involvement of the researcher during the technology transfer process and product development by the licensing partner are crucial to the successful development of a product.
BGN’s main role in the commercialization process is to assist and guide BGU researchers with:
Ensuring adequate patent protection,
Providing business guidance and commercial assessment,
Identifying appropriate partners for licensing and joint ventures,
Communicating new inventions and innovations
Networking with potential partners,
Negotiating agreements,
Creating startup companies,
Obtaining research and development Funding.