1.
To develop basis key industries and
infrastructure
2.
To fill technological gap
3.
To increase the growth rate
4.
To increase production and productivity
5.
To reduce poverty, inequalities, and unemployment
6.
To solve balance of payment problems
7.
To make less developed countries competitive
8.
To save time and money
9.
To overcome backwardness
10.
To solve socio-economic problems.
In
conclusion, rural areas need technologies transfer for their rapid and all
around development. It is essential for increasing the productivity of rural
men and machines, for building infrastructure, developing agriculture and
industry so as to make them internationally competitive, for exploiting and
making and optimal use of their natural resources, and for developing labor
efficiency, organizational sustainability, administrative efficiency and
entrepreneurial skill. Hence technology transfer is an engine of rural
development particularly its sustainability.
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