Technology innovation 1.docx - THE TECHNICAL UNIVERSITY OF...

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THE TECHNICAL UNIVERSITY OF KENYAFACULTY OF SOCIAL SCIENCES AND TECHNOLOGYSCHOOL OF BUSINESS AND MANAGEMENT STUDIESDEPARTMENT OF MANAGEMENT SCIENCE AND TECHNOLOGYBACHELOR OF BUSINESS INFORMATION TECHNOLOGYABMI 4225 TECHNOLOGY AND INNOVATION MANAGEMENTTERM PAPERLECTURER: MRS MORODATE OF SUBMISSION: 27THJUNE, 2018STUDENT NAMEREGISTRATION NOSTUDENT SIGNATURE1. NOAH KOECHABMI/00989/2014……………………..2. DAISY AKINYIABMI/05121/2014……………………..3. LEONARD ROTICHABMI/00994/2014……………………..4. TAURI ADWETABMI/00257/2014……………………..5. ELIUD KIMONJOABMI/00964/2014……………………..6. WASHINGTON OGINGAABMI/05579/2013S……..………………7. JOSEPH NJENGUABMI/00000/2014……..………………QuestionsTechnology transferContemporary issues on technology transferIntellectual property
TECHNOLOGY TRANSFERThis is the process of disseminating technology from the places and in groups of its originationto wider distribution among more people and places. It occurs across various dimensions; amonguniversities, from universities to businesses, from larger businesses to smaller ones, fromgovernments to businesses, across all borders.The technology transfer process helps companies more effectively use its human, physical, andcapital resources by providing knowledge, information, or assistance, which leads toimprovements in its facility, equipment, manufacturing methods, management methods, ormarketing methods.Definitions1 .Innovation-the development, refinement, and change of an existing idea / productImportanceIncreased Competitive AdvantageImprovement in QualityCost SavingsMore FlexibilityBetter Service to CustomersReduction in lead times2. Invention-Original Concept3. Design-is part of the innovation process, sophisticated modeling and software shaves years offthe development process4. Marketing (diffusion) - everything that is involved in the promotion and sale of the product5. Emerging technology- this is an innovative technology that is currently undergoing testing in asmall version6. Innovative technology-this is a technology that has been field tested and applied in ahazardous waste problem at a site but lacks information about its cost and how well it is going towork.7. Established technology- this is technology which cost and performance information is readilyavailable.The first step in technology transfer is finding rules and privileges that surround technologytransfer process such as government regulations etc.The second step in technology transfer is finding a suitable recipient for that technology; one thatcan use the technology and has something of value to offer in return. Firms are now studying
more systematically the process of licensing and technology transfer. There are five informationactivities needed to support technology transfer:

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Term
Winter
Professor
STEVE KAYUGIRA
Tags
Technology assessment, Technology transfer, Technology and Culture

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