Decentralized Technology Transfer: A Modern Framework to Empower Scientific Innovation

The transfer of technology (TT) is essential in turning intellectual property (IP) generated from innovative research into real-world applications that benefit the general public. New drugs, materials, and software often take this route on their journey from the lab to the consumer market. As with most legacy systems, leveraging emerging technology will improve this process through which scientific innovation is used for the public good.

Decentralized Technology Transfer (DTT) cover illustration for VitaDAO by Zack West
Image: Zack West

Introduction

Technology Transfer Offices Take IP to Market

TTO Structure

TTO Performance

Introducing Decentralized Technology Transfer

The DTT model presents a modernized incentive structure whereby individual researchers, laboratories, and publishers are freed from the bureaucracy and often conflicted interests of traditional TTO processes

The Best of Both Worlds

An Example Case of DTT

The unburdening of IP from the clutches of the traditional TTO path would make an entirely new ecosystem of research funding opportunities possible in which all actors receive fair compensation for their efforts

VDP-45: Decentralized Tech Transfer

  1. Identifying researchers within projects.
  2. Pay the selected researchers as consultants on the project.
  3. Use CROs at organizations and universities to which the researchers have no affiliation to ensure IP rights are retained.
  4. Providing investment opportunities to outside researchers during the funding process.

Final Thoughts

References

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VitaDAO

VitaDAO is the world’s first decentralized intellectual property collective, funding and commissioning research into human longevity.