Technology Transfer also called Transfer of Technology (TOT) and Technology Commercialisation, is the process of skill transferring, knowledge,

technologies, methods of manufacturing, samples of manufacturing and facilities among governments or universities and other institutions to ensure that scientific and technological developments are accessible to a wider range of users who can then further develop and exploit the technology into new products, processes, applications, materials or services. It is closely related to (and may arguably be considered a subset of) knowledge transfer. Technology transfer is the term used to describe the processes by which technological knowledge moves within or between organisations. International technology transfer refers to the way in which this occurs between countries. The technological knowledge that is transferred can assume various forms. It can be embodied in goods (including physical goods, plant and animal organisms), services and people, and organisational arrangements, or codified in blueprints, designs, technical documents, and the content of innumerable types of training. Alternatively it can be communicated through flows of tacit knowledge i.e. knowledge that has not been fully codified, and remains embodied in the skills of people.