Definition of Benchmark Measures: Estimated Impact of Technology Transfer
- Estimated Impact of Technology Transfer
- The total direct dollars generated within Tennessee that are attributable to technology transfer and technical or professional assistance provided by UT faculty or staff or the UT Research Foundation (does not include impacts of outside consulting).
- Include from UTRF: license fees, royalty fees, value of equity holdings, venture capital attracted.
- Include from UTRF, IPS, UT Extension, Ag Exp Station and Campuses the value of new product development as a result of technical assistance, the value of increased income as a result of technical or professional assistance, the value of new jobs as a result of technology transfer or technical assistance, the increase in sales as a result of technology transfer or technical assistance, the investment in plant and equipment as a result of technology transfer or technical assistance.
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