The Technology Transfer Office (TTO) is the one stop shop for all matters related to intellectual property (IP) developed at IST Austria. If scientists discover something in the lab or have a great idea which is patentable and/or might have serious commercial value, the TTO assists in patent protection and/or licensing the technology to interested companies or even creating a spin-off company. The TTO also handles material transfer agreements (MTAs) and supports scientists in collaboration agreements with industry.
The “TWIST” program is an initiative by IST Austria to support researchers interested in the commercial development and use of their research results. With a range of measures, results are to be translated into product ideas, which the institute intends to commercialize through licensing and the support of start-ups. TWIST facilitates the exchange with industry, works with founders, and helps students make career decisions.