The Advantages of Technology Transfer in the Global Environment

Cohen (2004) further states that engineering carry-forward helps to generate jobs, income and economic growth for diverse regions within countries and across countries thereby providing people with opportunities they would not other wise have. It in any case diversifies existing economies. Finally, Cohen states that technology shipping is often the best rule of sharing knowledge within the global society, especially in those countries where costs would be prohibitive in harm of the phylogeny of inventions. For example, many underdeveloped countries simply cannot afford the costs of look and development of pharmaceuticals. However, through technology transfer, they are able to draw the knowledge involved in terms of making and producing the drugs.

However, in order to fully understand the benefits of technology transfer in the global community, it is helpful to review a few examples. In this regard, the join Nations Environmental Programme heraldic bearing (2004) states that one of the benefits of technology transfer is to help secure basic goods and services for the execrable in developing countries. In other words, the objective is to own sure that the people of a third world sylvan are, in roughly way, able to sustain themselves in terms of food, shelter and other basics.

The get together Nations Environmental Programme Commission (2004) reports that environm

Association of University Technology Managers. (2004). leaders in technology transfer. Document accessible: http://www.autm.net/index_ie.html

United Nations Environmental Programme. (2004). Harnessing technology for the environment. Document available: http://www.unep.org/GEO/geo3/ face/594.htm.

Cohen, G. (2004). Technology transfer: Strategic management in developing countries. Thousand Oaks, CA: Sage Publications.

Intergovernmental Panel on mode Change. (2004). Methodological technical issues in technology transfer. Document available: http://www.grida.no/climate/ipcc/ tectran/311.htm.

With respect to financial profits derived from technology transfer, academic technology transfer provides a good example. jibe to the Association of University Technology Managers (AUTM, 2004), academic technology transfers (most specifically the licensing of innovations by universities, teaching hospitals, research institutes, and patent management firms), at the gaming of this century, added more than $40 billion dollars to the United States economy and support 270,000 jobs.

The National Aeronautics and Space Administration (NASA, 2004) also provides some excellent examples of technology transfer. Its methods of forming coated parts using functional, gradient-coating techniques (thereby extending the animateness of liners), the use of its technologies in making light-weight tanks, the application of its technologies to parts identification, and point in methods to report new technologies have all been use by governmental and private concerns both in the United States and in other countries. The global benefits of such technology transfer as provided in these examples cannot be over
Order your essay at Orderessay and get a 100% original and high-quality custom paper within the required time frame.