The document discusses opportunity identification, which is the process by which research organizations detect technologies that could be successfully commercialized. It defines opportunity identification and describes its position in the technology transfer process. Some key challenges are increasing the number and quality of invention disclosures. Successful opportunity identification involves monitoring research activities, raising awareness of technology transfer, and evaluating inventions for their commercial potential. The document outlines some specific processes and tools that can be used for these core components of opportunity identification.