what are the rational and transfer of technology?
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The rationale for transfer of Technology is sharing of latest knowledge in regards to expertise in regards to the ways of producing goods or establishing service. Explanation: Equity Form of Technology Transfer takes place where the firms transfer technology, invest in a firm which is the recipient of technology.
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The information-transfer process is one of the most critical steps in technology transfer. New licensing practices are designed to address this process. For example, many licenses now bundle both the basic technology and the equipment needed to utilize that technology in a single agreement.
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