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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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.
Transcribed Image Text: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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