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Technology Transfer Essay

798 words - 3 pages

Technology transfer could be so complicated at times to explore due to all the tasks require to be able to give a full analysis of what is involve and the process that one has to go through. Although many people have tried tracing the source of precise technology and how it affected the originating culture and the role it has on history. However, there are some common fundamentals that could be helpful in analyzing all the activities that are involved. Some of the clue that has been of help so far identifying technology transfer is what is being transferred, where technology is transferred from, those receiving transferred, and lastly how the technology is delivered to the receiver.
To better understand how technology transfer work in this day of technology drove society, we might want to reveal how technology transfer started in the 19th century. When we look back to history, we can see that there a two major events that took place. The very first thing we saw when we look at the 19 century is the rate in which industrial technology advanced. Another event that seen apparent in technology transfer during 19th century is domination and exploitation of many africas and Asia countries by the Europeans. With all these in mind as we move into the 21st, we can see that transfer of technology is map-reading away from domination to local adaptation. Unlike the 19th where we see a lot of industrialized nations like the European dominating less industrialized nations, the 21st has experience adaptation of technology transfer from other industrialized nation. However, this chapter lists the channels through which technology is transfer. The channels are formal and informal channels.
There are several procedures in a formal channel of technology transfer. Among these procedures are foreign direct investment which represents main channel of technology transfer to other country and sometimes they take full or limited claim of the ownership of their foreign subsidiary. Another form of formal channel of technology transfer is turnkey plant. In this type of technology transfer, the donor basically takes the responsibility production in their foreign subsidiary by using several technical knowledges and skills transferred from the donor. Furthermore, licensing is another form formal channel of technology transfer. It is one of the inevitable when transferring technology from one country to the other. Still another area of formal technology transfer is entrepreneurial science that employs the agreements all over the world in which knowledge is transferred into...

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