Technology Transfer

Technology transfer is a process by which

various elements of technology are
transferred from one individual or group to
another for meeting the needs of business or
society.
 Technology Transfer

Technology transfer refers to the transfer, assignment or

licensing of various forms of Intellectual Property
developed by one person, organization, university or even
a country to another. The reason for transfer is to promote
public good through the development of IP into useful and
usable goods or services that in turn, promote economic
growth.
 Technology Transfer: Phases

Awareness phase is the first phase of the technology life

cycle in which a company has a formal mechanism to
become aware of emerging technologies relevant to the
need of the company or the users or the public.

Acquisition phase involves the actual acquisition of a

particular technology. The company’s technology group in
collaboration with their R&D group would conduct
technical feasibility study as well as an economic feasibility
study before justifying and acquiring the technology from
outside. This also includes analysis of in-house
development of technology.
 Technology Transfer: Phases

Adaptation phase, virtually every enterprise ends up

adapting an acquired technology for its particular needs. This
is to be planned even before acquiring the technology from
outside

Advancement phase, as the business develops and the

company progresses in exploiting the acquired technology
over period of time, it becomes imperative to improvise the
acquired technologies for sustaining the business as well as
growth. The enhancement could be driven by new
innovation happening in the market or based on market
feedback or creative ideas from within.
 Technology Transfer: Phases

Abandonment phase is the last phase of the technology

life cycle and is the most critical because decisions are
made concerning the obsolescence of a particular
technology with the rapid discarding of existing
technologies. Timing for adaptive new technologies is
critical for survival. There does not seem to be an easy
formula to make the selection, it can be done with input of
information from different divisions of company such as
R&D, production & marketing
 Technology Transfer: Types

Technology generally would comprise the following

elements:

•Process Know how

•Design Know how
•Engineering know how
•Manufacturing know how
•Application Know how
•Management know how
Technology Transfer: Requirements

Research → Development → Design → Production

Production → Design → Development → Research