The president of mountain home university has been asked by her board of trustees to set up a separate unit to facilitate the commercialization of technology developed by the research students at the university. such a unit is typically called a

technology transfer office                

Explanation:

          Technology transfer is the name given to the process of transferring the knowledge and the technology to other party based on certain conditions and agreement. In other words, it is licensing a third party to use the technology which is developed by some other party.

        Thus in the context, the trustees of Mountain Home University asks the President to build a separate unit called the technology transfer office which can be used to commercialize the technology and to transfer the technology to third party which is developed by its research students.