Question

What is transfer of technology? Briefly explain mechanisms through which technology transfer takes place?

14 Sep 2022
Answer :
Word Count : 590

Transfer of technology:-

Technology transfer (TT), also called transfer of technology (TOT), is the process of transferring (disseminating) technology from the person or organization that owns or holds it to another person or organization, in an attempt to transform inventions and scientific outcomes into new products and services that benefit society.Technology transfer is closely related to (and may arguably be considered a subset of) knowledge transfer.

A comprehensive definition of technology transfer today includes the notion of collaborative process as it became clear that global challenges could be resolved only through the development of global solutions. Knowledge and technology transfer plays a crucial role in connecting innovation stakeholders and moving inventions from creators to public and private users.

Intellectual property (IP) is an important instrument of technology transfer, as it establishes an environment conducive to sharing research results and technologies. Analysis in 2003  showed that the context, or environment, and motives of each organization involved will influence ____ ___ ________ ___ _____ ___ ____ _______ ____ ____ ___.
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