Friday, August 17, 2012

Channel/mechanism of technology transfer


1.       Commercial channel
2.       Governmental channel
3.       International organization

Besides these channels transfer of technology from the developed to the developing countries, urban to rural can takes place mainly by three mechanisms

1.  Firstly, technologies can be imported from developed countries through agreements involving onetime payment or royalty over a period of time or both.

2.     Secondly, the method of acquiring technology is through foreign direct investment

3.  Thirdly, vertical transfer of technology, which essentially involves indigenous development of such technologies through research and development and their dissemination to and diffusion into the society.

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