Technology transfer

The process of transferring skills, knowledge, technologies from the originator to a secondary user, especiallly from developed to developing countries in an attempt to boost their economies. (Source: InforMEA/drafted by MMA)

The transfer of development and design work: a) from a parent company to a subsidiary, perhaps in another nation where it will be paid for in repatriated profits or royalties; b) from one country to another as a form of aid to help promote development and sustainable growth. Many nations have made great progress on the strength of technology transfer. (Source: GEMET/GILP96)