Readiness of Technology Transfer Recipients in Acquiring Technological Knowledge

Transfer of technology is multifaceted and a complex issue. The adoption of technology is essential from the perspective of the strength of national economies in self-reliance and enhancing international competitiveness. Technology transfer can be realised by transferring new knowledge and through its commercialization. Transfer of knowledge is an important element for innovation. Therefore acquiring knowledge through transfer allows the understanding of the actual technology. The process of acquiring knowledge comprises learning to understand the knowledge of the technology and adapt to local cultural conditions. In many cases, adopting the technology may require changes to the organizational culture to support greater acceptance and use of the technology among employees. This paper investigates the barriers to the transfer of technology related to readiness for technology transfer and factors related to organisational culture influencing the technology transfer process. The paper identifies the motivational factors influencing the staff to accept and participate in the technology transfer process.