NTNU Technology Transfer AS
NTNU Technology Transfer AS was established in 2003 and is owned by the Norwegian University of Science and Technology (NTNU) and Helse Midt-Norge RHF (HMN). The purpose of TTO is to secure, manage, develop, market and sell rights of use and property rights to knowledge, ideas, inventions and other intangible values created by NTNU and HMN.
TTO is NTNU’s and HMN’s strategic tool for generating “benefit from research”.
Norway’s Research Council and FORNY2020 (proof of concept funding), Innovation Norway and SIVA (a public enterprise owned by the Norwegian Ministry of Trade and Fisheries) are all important partners and support the process of commercializing innovation (new knowledge).
At the most basic level, our aim is to spread technology and knowledge. Commercialization is our tool for doing just that. In this way, the research benefits society in the form of new products, new services, new industries and new jobs.
Technology Transfer is our core activity for creating value.
Research creates new opportunities. Innovation creates new reality. Our job is to lead the way from opportunity to reality. We do this by eliminating (reducing?) risks and increasing the commercial value of research results. This makes future earnings opportunities and value creation more visible, obvious and attractive to investors, industry and business. And this increases the probability that new inventions will succeed in the marketplace or be utilized in an organization.
Commercialization that leads to a wide dstribution of knowledge for NTNU is a measure of our effectiveness. Therefore, we share NTNU’s vision of spreading knowledge for a better world.
For example: In 2014, TTO sold its shares in Mobitroll AS. As of 2017, the company had over 40 million monthly users in 180 countries. That company — better known today as Kahoot! — is an example of the dissemination of technology and knowledge for a better world. Kahoot! has been played over a billion times and contributes to an increased pleasure of learning for schoolchildren around the world.