Technology transfer can be defined as the sharing or transferring of technology between two or more entities. This concept of technology transfer is commonly understood to take place when one country grants access to technology to another country, which in turn grants that country access to technology as well. This is a vast and complicated subject because there are many issues that need to be considered. One of these issues is the current state of the United States in relation to technology transfer. For a very long time, the United States has been one of the leading nations when it comes to technology transfer. The reason for this is because of the United States' technological superiority over other nations. This means that the United States is capable of providing goods and services that can compete with those in other countries. However, because of the present circumstances, the United States has not been able to maintain its competitive edge due to various barriers that have been placed on technology access by foreign nations. These barriers primarily include policies regarding intellectual property rights, and the protection of proprietary information. The existence and strength of these policies have been under review in recent years, and a consensus has emerged amongst American scientists and policy makers that these policies must be revised. Part of these revisions will involve changes to the bilateral Free Trade Agreement among the United States and other nations. There also needs to be a review of trade barriers that surround technology access. With the coming of the Information Age, changes will also be made in the area of international intellectual property. Private companies have come up with their own inventions for technology transfer and the Cayuse Inventions are higly recognised in the technology transfer field. In order to help the American economy, the federal government has developed a technology transfer strategy, and there are specific programs that are designed to aid technology transfer. The National Science Foundation (NSF) is a great example of this. They have developed a variety of programs to support technology transfer between the United States and foreign nations. Some of these endeavors include development of the ECPOT (Extended Center for Research on Chemical and Biochemical Technologies) and the STTR (Software Technology Transfer). There are many examples of American technological advances that foreign nations would like to have. This is why it is so important that the United States maintains a competitive advantage. This means maintaining the best possible software patent system, and making sure that our researchers have access to the most efficient technology. At the same time, it means maintaining a strong economy so that our nation can continue to export the goods and services that it needs. The ability to sell these products and services internationally goes a long way towards making things better for everyone involved. There is a lot that the private sector can do on its own to facilitate technology transfer software and technology transfer to other countries. However, the government is the entity that is responsible for licensing and mandating that these activities occur. Without this, there would be nothing to make the software better, and if it were available, there would be no reason for the foreign nation to buy it. As it is, they will buy it if the benefits outweigh the cost. You can get more enlightened on this topic by reading here: https://en.wikipedia.org/wiki/Technology_transfer.
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