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This article aims to present a theoretical review of the process of technology transfer between universities and companies, focusing on the technology-based companies, specifically academic spin-offs as one of the main tools for technology transfer. It then made a presentation on the importance of factors such as skilled human resources, encouraging the government as an agent, technological innovation, and Innovation Act (2004) for the transferring. The methodological approach of this paper is characterized as a basic research, qualitative, exploratory and technical procedures as a literature search. The research resulted in the realization that the technological development model based on cooperation between universities and companies has been consolidated as one of the strategies of technological and economic development of the country, as seeking to bring differential factors of competitiveness in the market.

The function at society of the spin-offs academics acting as a mechanism for technology transfer