Nowadays, a competitive economy has to be an innovative economy with the ability to use the results of Research and Development (R&D) to build new equipment, provide new services, develop new means of production, create new solutions for existing problems, and train new, highly qualified generations, who know how to transform new knowledge in order to sustain the chain of progress (European Union, 2014). In this article, it is argued that technology transfer acts as a facilitator of the business innovation process. The science-market relationship has intensified in recent years, given its economic relevance and the prominence of public policies aimed at increasing the financial return of collaborative R&D. In this article, the Demonstrators projects in co-promotion of Portugal 2020 act as a proxy for the phenomenon of tech transfer, applying to them the most recent evaluation methodology, developed by the European Commission (EC) - the Innovation Radar - in a perspective compared with the individual Demonstrator projects. The results demonstrate that the innovative activity, which arises from the phenomenon of tech transfer (inherent to the Demonstrator projects in co-promotion), presents products, processes and services better prepared for the market, with more advanced levels of technological readiness and closer to the commercialization phase, greater capacity for knowledge management and the creation of new ideas and subsequent acceleration for financially viable projects that meet the needs of the market, as well as more skills to mobilize and disseminate learning resources and complementary assets, revealing a greater organizational capacity of its entrepreneurs.

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Technology transfer,Innovation Policy Instrument,Portugal 2020,Evaluation methodology,Demonstrator Projects

• Political Science - Social Sciences