Technology transfer,

Definition of Technology transfer:

1. Assignment of technological intellectual property, developed and generated in one place, to another through legal means such as technology licensing or franchising.

2. Process of converting scientific and technological advances into marketable goods or services.

3. 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.

How to use Technology transfer in a sentence?

1. The technology transfer would take a little bit of time, but it had to happen because the deal was already made.
2. You may need to make a big technology transfer and this can be a hard process if it is quite large or hard to move.
3. Technology transfer for nuclear power development involves many factors.
4. You may be able to barter a trade using a technology transfer if you dont have enough cash on hand to purchase.