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Tech·nol·o·gy trans·fer

/tekˈnäləjē tran(t)sˈfər/

noun
- 1. the transfer of new technology from the originator to a secondary user, especially from developed to less developed countries in an attempt to boost their economies: "technology transfer for nuclear power development involves many factors"
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definition of technology

Technology transfer
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Process of transferring technology from the person or organization that owns or holds it to another person or organization
Technology transfer (TT), also called transfer of technology (TOT), is the process of transferring (disseminating) technology from the person or organization that owns or holds it to another person or organization, in an attempt to transform inventions and scientific outcomes into new products and services that benefit society. Technology transfer is closely related to (and may arguably be conside... Wikipedia
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