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ARTICLE · 13 OCTOBER 2014

Licensing And Technology Transfer: A Glance On Indian Scenario

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Technology Transfer is the process by which the information or knowledge related to the technological aspects travel within the group or between the organizations or entity.

IndiaIntellectual Property

INTRODUCTION

Technology Transfer (also called Transfer of Technology (TOT) and Technology Commercialization)1 are the processes by which the information or knowledge related to the technological aspects travel within the group or between the organizations or entity. Taking this to the broader scenario, give rise to International technology transfer in which the knowledge travels in between the countries, which is not only limited to the Knowledge and information, rather includes skill transferring, methods of manufacturing, physical assets, know-how, and other technical aspects, and henceforth helps in further development of the technology and innovation, by effectively utilizing the technology transferred and finally incorporating it.

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