Enhancing Awareness of Intangible Technology Transfer in Malaysian Universities: Strategies and Best Practices

Abstract

This research investigates the essential issue of intangible technology transfer in Malaysian institutions, highlighting the need for increased awareness and planned implementation. Intangible technology transfer refers to the exchange of knowledge, skills, and inventions that do not take physical form yet are critical for maintaining a competitive advantage in the global market. This study outlines critical methods and best practices for fostering intangible technology transfer among academic institutions. Following a thorough analysis of current literature and case studies, we identify effective efforts that have facilitated information sharing and collaboration between universities and companies. Furthermore, we suggest a framework for building awareness initiatives that engage staff, students, and industry stakeholders, with the goal of creating a thriving innovation environment. The findings suggest that by prioritizing intangible technology transfer, Malaysian universities can significantly enhance their contribution to economic development, safe research and technological advancement.