GEMET
General
Multilingual
Environmental
Thesaurus
technology transfer
Definition

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.

Related terms
Broader:
Other relations
Scope note

Scope note is not available.

Concept URL: http://www.eionet.europa.eu/gemet/concept/8342