Impediments in Technology Transfer

Abstract

The paper discusses the phases of development of a technology. The technology is a marketable product of science. It consists of hardware and software. Before developing a technology the gap must be clearly identified.This is no need to develop a technology, which cannot be sold. There are 3 components of technology transfer a) Know-how b) Skill and c)Hardware/machinery. The relative contribution of these components in technology transfer has been discussed. Several impediments such as attitude, quality, funding, facilities, Marketing and legal issues are to be addressed in the transfer of technology.