... On reviewing traditional TT models and scenario of technology transfer (Jervis, 1947;Creighton, 1972;Jasinski, 1974;Mock, 1974;Sharif, 1983;Lee, 1994;Mian, 1994;Goldsmith, 1995;Jain, 1997;Narayan, 1997;Jegathesan, 1997;Jolly, 1997;Joseph, 1999;Bozeman, 2000;Jones, 2002;Siegel 2003b,O'Shea, 2004Kahn, 2004;Jelinek 2006;Alaedini, 2007;Cooper, 2008;Geuna, 2008;Lockett, 2008;Nelson, 2010;Mojaveri, 2011;Purushotham, 2013;Kaushik, 2014;Dixit 2018a;Dixit 2018b), following demerits/limitations were observed, which suggested attributes accountable for this such as (i) lack of resources and expertise or lack of collaborative activities with appropriate partner to scale up technologies at industrial level, (ii) inadequate professional education in TT, (iii) lack of vision: for instance, research agenda in organisations with primary focus on fundamental or basic research often gets diluted due to unreasonable expectations of commercialisation and vice versa (Sanhita, 2014), (iv) regulatory issues which hinder commercialisation of technologies, (v) inadequate funding support or inaccessible funding support. Over decades the basic need, buying capacity, awareness and disease burden has undergone a paradigm shift, demanding quality care and affordable solutions (Dixit, 2018a). ...