Technology transfer can take place through several different channels andmechanisms including licensing, franchising, subcontracting and turnkey.Q3(a)Discuss with examples;(i)Licensing(ii)Franchising(iii)Subcontracting(b)Explain using appropriate examples TWO (2) of the mechanisms in Q3 (a) interms of their disadvantages to the technology transfer recipient and the impactof the mechanisms on technology transfer to the organizations.

a. Licensing- When technology is transferred to another organisation or company,…

Technology transfer can take place through several different channels and mechanisms including licensing, franchising, subcontracting and turnkey. Q3 (a) Discuss with examples; (i) Licensing (ii) Franchising (iii) Subcontracting

Technology transfer can take place through several different channels and mechanisms including licensing, franchising, subcontracting and turnkey. Q3 (a) Discuss with examples; (i) Licensing (ii) Franchising (iii) Subcontracting

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

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Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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Question

Technology transfer can take place through several different channels and
mechanisms including licensing, franchising, subcontracting and turnkey.
Q3
(a)
Discuss with examples;
(i)
Licensing
(ii)
Franchising
(iii)
Subcontracting
(b)
Explain using appropriate examples TWO (2) of the mechanisms in Q3 (a) in
terms of their disadvantages to the technology transfer recipient and the impact
of the mechanisms on technology transfer to the organizations.

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