Transfer of technology-success story of Pacific Rim Countries

Abstract

Transfer of technology means transfer of knowledge or services from one place to another place or any geographical shift in this world. At first glance technology transfer seems a simple process depending on the market and profit but a successful process depends on proper identification, correct evaluation, true partnership and successful commercialization. This article focuses on the successful transfer of technology in the Pacific Rim Countries. This article is divided into different chapters that describes the global situation, comparative study of ASEAN countries and factors that brought about this change.