Technology Transfer and Human Resource Development

Defines technology transfer in the macroeconomic sense and highlights three factors which must be taken into account, namely contrast, similarity and compatibility. Advises examination of social and economic costs before embarking on such a project. Identifies human resources as the most important element of technology transfer, as it influences both the acquisition and integration of new technology. Provides a five‐stage transfer plan and explains how to overcome problems with staff mentality and “short circuits” in the thought process.