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Technology Transfer

Till now, I have discussed in my earlier posts about Technology Management and Technology Forecasting . For and individual firm, once technology forecasting has been completed, depending on the firm’s capability, it may either develop the technology required or start scouting for the availability of the requisite technology. This second activity, which is usually carried out in lesser developed economies would lead to the next level of interaction, ie, technology transfer. In this post, I intend discussing some aspects of technology transfer. The first question that comes to mind is, what is technology transfer? Well, technology transfer is a process by which commercial technology is disseminated from one firm to another, one industry to another, and/or among different economies. These transactions may or may not be covered by a legally binding contract. However, all these transactions involve communication of relevant knowledge from a transferor to recipient. When

Technology Forecasting

In my last article, Technology Management , I had brought out aspects related to what is technology management, why technology needs to be managed, its components, the process and its affect on business. Continuing with the same topic, in this article I intend to bring out some important aspects related to technology forecasting. Lets start with the basic question, what is technology forecasting ? Well, technology forecasting comprises forecasting the future characteristics of useful machines, procedures or techniques. The forecast is neither prediction nor pure speculation. It is a scientific and artistic approach to understand the technologies that may be available for commercialisation in the future. This forecasting would depend on what is the state of research in applied sciences as well as in pure sciences. It takes into consideration the work done till now, the rate of absorption of various technologies and the rate of development in the area of interest.

Planning for Technology Transfer

In my last post, Technology Transfer , I had discussed various aspects related to transfer of technology. Transfer of technology can take place through a number of mechanisms or modes. These may vary from a sales and service agreement either as an agent or sole distributor, to a subcontracting arrangement, an Original Equipment Manufacturing arrangements (OEM), production licensing, joint ventures, to Original Design Manufacturing (ODM) arrangement, production licensing to even joint R&D and production, university – industry licensing, Government R&D institute – industry Licensing etc. However, in each of the transfer modes, detailed planning and coordination is required between the technology transferring agency and the technology receiving agency. It is very important that the two agencies understand each other’s capability, processes and competencies very well before even the deal for transferring technology is signed. If this planning and due diligence is no

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