The full form of BTG is British Technology Group.
What is the British Technology Group?
The British Technology Group (BTG) was a British organization formed in 1981 through the merger of the National Enterprise Board and the National Research and Development Corporation. Its primary aim was to encourage and finance technological innovation within the United Kingdom. BTG played a crucial role in supporting the development and commercialization of new technologies.
Key Functions of BTG:
- Technology Transfer: BTG facilitated the transfer of research findings and innovations from universities and research institutions to the commercial sector.
- Financial Support: The organization provided financial backing for promising technological ventures, helping them move from the lab to the marketplace.
- Intellectual Property Management: BTG assisted in protecting and managing intellectual property rights associated with the innovations it supported.
Privatization
The British Technology Group was privatized in the year 2000.
Summary
Abbreviation | Full Form |
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BTG | British Technology Group |
The British Technology Group, or BTG, played a significant role in fostering technological advancement in the UK before being privatized in 2000.