| Technology Transfer In India |
| Technology Transfer creates a way for developments of industries in global needs and challenges.India has made technology transfer easy among countries, which results more cross-border ties and generating various trade co-operations. |
| Transfer of technology is an exchange of knowledge from one individual to another or between companies which may cover basic research to applied technology. |
| Buying technology from external sources is termed as “Technology Transfer “. It should be conducted through Technology Transfer Agreement. Non - Patented technologies play a big role in Technology Transfer Agreement in India. Sharing non-patented technology involves many issues like usage, duration and termination. |
| In case of: Patented technology - The transferee would have to pay royalty only for 20 years ( duration of patent ) Non-patented technology - The transferee would have to pay consideration more than 20 years as there is no expiry of patent |
| A Technology could be know how in the following areas: |
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