Selection and Transfer of technology

1. Selection and Transfer issues of
Technology
Presentation By:-
Meenu Baranwal
Mohit Garg
Monica Sandhu

2. Technology
• It is the collection of tools.
• Engineering is the discipline that seeks to study
and design new technologies.
• The human species' use of technology began
with the conversion of natural resources into
simple tools.
• Technology gives a lot for the development of
humans.
• Like…. Wheel, Telephone, Internet, weapons
etc.

3. Characteristics of Technology

4. Technology Transfer
• It is a process
• Sharing of skills, knowledge, technology, method
of manufacturing, sample of manufacturing etc.
• It ensure that scientific and technological
developments are accessible to a wider range.
• It is the application of technology to a new use.
• It is meant for further research and
development.

5. Technology Selection
• In this Scenario the Selection of appropriate
technology is must.
• Selection of the right technology to suit your
organization’s unique needs and business
objectives.
• Selection requires deep technical expertise and
carefully defined requirements.
• Once the technology is selected, it must be
implemented successfully in order to achieve
maximum return on investment.

6. Issues in Transfer and Selection of
Technology
• Lack of education, training, and other political
and compatibility
• Ineffective planning for facilitating that transfer of
technology.
• The transfer of technology to an environment
different from that in which it was developed.
• To what extent are existing economic activities
and processes displaced by the new
technologies?

7. Contd…
• What is the impact of technology transfer on
existing local and indigenous cultures, values
and social organization?
• The ideal technology selection process should
adopt for a proper selection and transfer of
technology.

8. THE NATIONAL MARKET ENVIRONMENT
(Step 1) :-Market assessments, Product identification, Market size.
(Step 2) :- Potential modes of production investment estimates
(Step 3) :- Preferred modes of production(raw materials, energy forms, skills, etc.)
(Step 4) :- Suitable technological routes
(Step 5) :- Potential technology suppliers
(Step 6) :- Select alternate technologies and respective technology sources
(Step 7) :- Evaluation of technology attributes (trade marks, patents, etc.)
(Step 8) :- Analysis of appropriateness of technologies, Analysis of technology
risks
(Step 9) :- Preferred form of technology transfer (joint venture, license, etc.)
(Step 10) :- Analysis of financial acceptability (including technology costs)
(Step 11) :- Preferred technology and form of acquisition
(Step 12) :- Preferred mode of technology implementation (turnkey, unpackaged
etc.)
(Step 13) :- Preferred strategies of market entry and product establishment
(Step 14) :- Enterprise formation, technology transfer and project implementation
(Step 15) :- Enterprise structure, funding etc. are not detailed here although some
may have a bearing on technological selection.

9. Conclusion