technology transfer

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technology transfer

the diffusion of technological know-how and expertise concerning processes, methods of manufacture and innovative products across industries, within an industry or, in the international context, from country to country. Intra-industry technology transfer occurs when, for example, an exclusive PATENT accruing to one firm expires and other firms are then free to adopt the technology concerned, or alternatively, the rate and scale of diffusion may be speeded up if the patentor firm is prepared to LICENSE the technology to other firms. Technology transfer between countries often occurs as a result of the FOREIGN MARKET SERVICING STRATEGIES adopted by MULTINATIONAL ENTERPRISES (MNEs). For example, an MNE may choose to establish a manufacturing plant, incorporating innovative production techniques, in an overseas market, or grant licensing rights to local producers to use its technology.
Collins Dictionary of Business, 3rd ed. © 2002, 2005 C Pass, B Lowes, A Pendleton, L Chadwick, D O’Reilly and M Afferson
References in periodicals archive ?
He emphasized the need to take advantage of the opportunities available to support the economy and the transfer of technology and inner industry equipment.
Furthermore, agriculture sector cooperation in areas of Transfer of breeding material for Floriculture, Transfer of Technology for production of medicinal plant.
Iran Provided Rocket Technology to Hamas - Official "Palestinian resistance missiles are the blessings of Iran's transfer of technology," said former IRGC Commander Mohsen Rezaie, who is currently the secretary of the Expediency Discernment Council.
The subcommittees on offsets, maintenance and transfer of technology have been wound up.
RIYADH: MD RASOOLDEEN | ARAB NEWS STAFFThe growing demand for spare parts in the Kingdom has triggered the need for transfer of technology to manufacture them locally, Deputy Minister of Defense Prince Salman bin Sultan said here Tuesday.
Shumail has said that the two countries have strong trading relations with a great potential to excel in this sphere.To a question he said that Prime Minister Nawaz Sharif's visit to Turkey is aimed at attracting Turkish investors and transfer of technology to Pakistan.He remarked that Pak-Turkey relations including that of trade will prove beneficial, if the exchange of delegations takes place between the two countries on regular basis.He said Turkey has great role in regional politics especially in Syria and Egypt and both Pakistan and Turkey should make joint strategy to bring stability in region reports Pak observer.
It covers a broad section of cooperation in the conventional and renewable energy sectors, as well as the transfer of technology, and is expected to help boost investment in Algeria.
Muscat, Dec 19 (ONA)- The deliberations of the meeting for the officials and experts of fisheries researches and transfer of technology in the Arab world, organized by the Arab Organization for Agricultural Development in collaboration with the Agriculture and Fisheries Ministry continued for the second day.
In visual terms the new vehicle is reminiscent of the SLS AMG GT3 customer sports car and symbolises the transfer of technology from the sphere of motorsport, which has been part of the corporate philosophy of Mercedes-AMG GmbH for 44 years, it said.
Senior Minister Pir Mazharul Haq was of the view that the agreement would not only create new job opportunities in Pakistan but also enable transfer of technology in the industrial sector.
It is, in this context, that a study is undertaken to analyse the behaviour of Indian chemical industry towards transfer of technology and research and development.
The Austrian company has already started projects to localize the production of components currently imported in India from Europe, as well as the transfer of technology to Maxtech's plant in the Indian city, Pune.

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