Technology Transfer & Routes of Technology Technology Transfer

What is technology transfer ? Briefly discuss various routes of technology transfer. Give an example of specific route of technology transfer as adopted by an organisation.

Ans : Basically there are two ways of acquiring new technology : first is Develop it or purchase it; the second way of acquiring technology is commonly called “Technology Transfer”

The important reasons for purchasing technology are :

a) It involves little or no R & D investment.

b) Technology can be used quickly; and

c) Technological and financial risks are often quite low.

There are also good reasons for selling technology, such as :

a) Increasing return on investment

b) Technology may not have immediate use.

c) Technology has already been utilised up to its limit.

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Technology Information

What is Technology Information ? Explain various sources of Technology Information ?

Ans: Technology information in simple terms means information on technology. This brings up two questions : what is information and what is technology. Information is referred to as a communication of facts results, ideas and thoughts. The ‘technology’ essentially means ‘know how’ that is ways of designing, manufacturing or utilising things. It can also defined as the know how to transform concepts into goods and services for the satisfaction of customers. It is a broad form of resource endowment and embodiment of knowledge for production of goods and services.

Technology is imbibed in various forms; the most common of this could be identified in the machines used for manufacture or the skills that are transformed through human beings. These forms would comprise know-how, know-why, technological processes designs, drawings, specifications, computer programmes and other information besides, industrial training, intellectual property rights etc.

SOURCES OF TECHNOLOGY INFORMATION :

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