SSTDT is a scientific and professional society established on the 10th of April 2001 with headquarters at King Fahd University of Petroleum & Minerals, Dhahran, Saudi Arabia. The overall processes by which knowledge is moved from their origin for the purpose of direct use, or commercialization to reach the world market place in the form of new or improved products, processes, or services, resulting in economic and society prosperity.

Saudi Society of Technology Development & Transfer aims to:

Establish a Knowledge environment that will assist in building an advanced knowledge based economy (KBE) in Saudi Arabia.
Promote awareness and enhance professionalism about technology transfer, development, and innovation to foster sustainable economical growth in Saudi Arabia.
Assist in the establishment of KBE components and culture in Saudi Arabia.
Enhance awareness regarding technology in the education sector.
Enhance awareness regarding technology in the private sector.
Exchange experiences and enhance networking between members.
Collaborate with other concerned entities to promote awareness regarding technology in the public sector.Enhance knowledge level of members.
Develop infrastructure and financial resources of the society.

Goals:

Energize and develop the scientific thinking in the area of technological development, innovation, and transfer.
Establish communication channels between the society members.
Provide scientific consultation in the area of technology development, innovation and transfer.
Improve the scientific & professional performance of the society members.
Facilitate the exchange of scientific output & ideas related to the society interests between establishments and institutes inside and outside of the kingdom.

Areas of Interests:

Technology Transfer Mechanisms.
Strategic Management of Technology.
Management of Research & Development.
Technology Localization.
Patenting and other Intellectual Property Rights.
Valuation and Evaluation of Technology.
Licensing of Technology.
Commercialization of Technology.
Monitoring Technological Development (Technology Intelligence).
Innovation Policies.
Funding and Financing the Development of Technology.
Technology Parks and Incubators.
Knowledge Based Economy.