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STEM is a not-for-profit organization, which provides a facilitative environment for successful technology transfer processes and promotes best practices in technology management in India and its neighboring countries. It is among the leading associations in India formed on the lines of international technology transfer associations like Association of University technology Managers (AUTM), Association of European Science and Technology (ASTP) etc. STEM has received immense support from key Indian institutions such as the Indian Council of Medical Research (ICMR), Council of Scientific and Industrial Research (CSIR), Indian Council of Agricultural Research (ICAR), Department of Biotechnology (DBT) and other premier Asian Research Institutions. STEM contributes in the professional development of technology management professionals in life sciences, food sciences, engineering sciences, physical sciences, Information technology etc and provides right guidance and assistance to inventors and corporations in matters of intellectual property. Since its inception in 2005, STEM has dedicated itself to fostering entrepreneurship and providing a forum for its members to participate and gain from global knowledge transfers.
The new era has seen tremendous advancement in the field of agricultural, engineering, life and health sciences. There has been a great deal of activity in the area of patenting in these disciplines. There is thus a need to understand research policy implications based on intellectual property and appreciate the positive it plays.
In today’s rapidly changing world, scientific and technological advancement is an important catalytic factor in industrial development and economic progress of the country. The relationship between intellectual property and innovations in life sciences & engineering sectors is of immediate interest in India. Until recently, most companies used internal research and development as their only method of innovation. However, companies are now proactively considering all sources of innovation, both internal and external, to remain competitive. It is thus essential to understand the role of “Intellectual Assets” as a key driver for competitive advantage. Technology transfer or knowledge transfer consists of developing practical applications for the results of scientific research and commercialization.
The STEM summit highlights current best practices in technology management while introducing participants to newer concepts and mechanisms.
STEM Objectives: The STEM Annual Summit is a forum for STEM participants to converge, share ideas, insights, and gain from best practices in technology transfer. The STEM summit for technology managers is designed to equip the participants with the required knowledge and skills for: Understanding the value of ‘next generation’ technologies and intellectual assets for your enterprise Identifying potential licensees, and implementing a license engagement strategy Understanding deal strategies, and the essence of a good deal Negotiating Licenses effectively, and keeping away from common pitfalls Effective post-licensing management, with renegotiation, audit, litigation skills Maximizing financial value, and going beyond royalty rates Advances and deeper knowledge on bioproperty Translational research : issues and solutions
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