Technology is one of the aspects of economic growth and development. A country’s growth goes hand in hand with the application of technology components, which facilitates national financial performance. One of the impacts of technology in an economy is it facilitates efficiency in the production of goods and services. Specialization and division of labor are increased as well as industrial expansion, which is facilitated by science and research. With the proper exploitation of technology, most of the developed countries have yield more profits compared to countries that are yet to implement. In this case, there various aspects of management that need analysis before depending on technology. One of these aspects is technology transfer and management of technology changes. According to Da Silva et al. (2019), t echnology transfer refers to the process where the accumulated knowledge of a mechanism is transferred from one organization that owns it to the other to share the benefit associated. Managing technology changes involves the strategies, policies, and approaches that will be used by the organization in adapting to its acquisition.
Technology transfer and management of technology change go hand in hand because each activity on one will affect these elements directly. The transfer indulges in the selection of the right technology, partner, and method. Besides, the organization needs to conduct an analysis that will help in the determination of technology. Researches have suggested that economic progress is hindered by the transfer of technology because lack of proper strategies established to run them. Some of the success factors to be considered in the implementation of transfer include an enabling environment, financial support, and the establishment of technology needs. Bringing in new technology is an indication that changes are prone to occur in that organization. With this, the aspect of managing technology changes comes in where the organization has to establish new policies and methods that will facilitate the implementation.
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One of the parallels between managing technology transfers and changes is that in both cases, there is a need to access the environmental aspects. Such aspects include factors as personnel and infrastructures. Before the shipment, there is a need to access the capability of the individuals who will be in charge of running it. Skilled human capital is vital in this process because they assist in developing a user interface that facilitates the user’s acceptance of the product. Changes in technology in the organization are prone to occur because a new system implemented. The organization will need to acquire new personnel who are knowledgeable of the latest technology to attain the benefits of its acquisition. The similarity between the management of technology transfer and technology changes is that they both need a change in human capital that best suits them. Again, another significant aspect of communication on both sides. Since the transfer involves an agreement by both parties, that is the transferee and transferor their need for better and transparent communication. Management of transmission, in this case, consists of understanding the cost associated with purchasing the equipment and provision of patent rights. Management of technology changes on its side will indulge in communicating with its staff on the benefits of the new technology, how it will be established, and the skills and knowledge needed. Besides, the organization will be in touch with the technology owner in case there will be a need for renovation.
Training is a crucial factor in managing technology changes. For instance, technology keeps on changing from time to time, and this means that the organization needs to establish a system that involves continuous learning. It will allow the employees to be prepared for technology advancement hence eliminating errors and system failures. In the case of management of technology transfer, the personnel needs to be knowledgeable on how the shipment will take place without any hitch. On their side, training will be based on understanding how different organization functions, the best technology for each, and the level of preparedness. Another parallelism is culture and organization barriers it has on both organizations. The transfer process requires thorough preparations, awareness, and accurate information. For instance, before selling the technology, the seller must be aware of the operations, structures, and policies of the organization to whom they are doing businesses. In such a case, it will be easy to develop the systems and facilitate the smooth running of the company with the help of technology. On the other side, the organization absorbing the technology will eliminate barriers such as poor networking, inadequacy in finances, human capital, and attitude barriers. In both, they are mandated in enlightening staff on the benefits of new technology on the organization and individuals.
Transparency between the two companies is paramount in assuring success in human-computer interaction. The transferor must outline all the property rights, procedures, initial capital, and the regulatory framework. In doing this, the transferee company will be able to provide all the resources and finances needed in the establishment. The role of the organization receiving the new technology is to provide accurate information about technical capability, cost, culture, and the competitiveness of the company. Transparency by both parties allows the achievement of the transaction. The similarities in the management of the transfer of technology and management of technology changes, as outlined below, have shown that factors affecting them are common. Similarly, it is evident that in both managements, the needs, goals, and objectives reflect their interest in doing business. Willingness is a vital factor in this case because the stakeholders have conveyed their interest in absorbing the collaboration of new ideas and concepts.
References
Da Silva, S. S., Feldmann, P. R., Spers, R. G., & Bambini, M. D. (2019). Analysis of the process of technology transfer in public research institutions. Innovation & Management Review .
