Question

What are the various levels of transfer of technology? Discuss giving suitable illustrations in support of your answer.

Answer 1

The choice of a technology transfer method should be based on technology analysis, future strategy of cooperation with a company’s supplier, investment resources and technical capacities of the company to implement the technology.

When choosing a transfer method, it is necessary to understand that the more complex is the technology, the closer should the connections be between the buyer and the supplier. As noted earlier, technology transfer doesn’t end with equipment delivery. In itself, equipment doesn’t generate new competences. The real changes in the company’s work can be introduced by transfer of knowledge, skills, and intellectual property rights.