Cosmetics & Toiletries

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Focus on Technology Transfer

By: Larry Plonsker, Chemical Network Associates
Posted: May 6, 2003, from the March 2002 issue of Cosmetics & Toiletries.

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The Stage/Gate Process
Invention is the solution to a problem. Innovation is the process of taking the invention, or any idea, to a commercially sucessful conclusion. Technology transfer is the bridge between invention and innovation. Therefore, the technology transfer process is more than just finding and acquiring a desired technology. It also involves the developmetn of that technology to a commercial product or process.

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