What is the Understanding of Technology Incubation?

I am currently researching technology transfer activities. There are several technology-related terms that I do not fully understand. To be specific: Can the Advisory Board explain to me how technology incubation is understood? I look forward to receiving feedback from the Advisory Board soon. Sincerely thank you!My Linh - Binh Thuan

The definition of technology incubation is stipulated in Clause 12, Article 2 of the Law on Technology Transfer 2017, as follows:

Technology incubation is the process of creating, perfecting, and commercializing technology from technology ideas, scientific research results, and technology development, or from incomplete technology through supporting activities regarding technical infrastructure, resources, and necessary services.

The above is the advice regarding the definition of technology incubation. For more detailed information, please refer to the Law on Technology Transfer 2017. We hope that our advice will help resolve your concerns.

Wishing you health and success!

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