What is the Understanding of Technology Transfer?
Definition of technology transfer is stipulated in Clause 7, Article 2 of the Law on Technology Transfer 2017, according to which:
Technology transfer is the transfer of technology ownership or grant of the right to use technology from the party eligible to transfer technology to the technology recipient.
Regarding this issue, we will provide you with the following information:
- Domestic technology transfer is the transfer of technology conducted within the territory of Vietnam.
- Technology transfer from abroad into Vietnam is the cross-border transfer of technology into the territory of Vietnam.
- Technology transfer from Vietnam to abroad is the transfer of technology from the territory of Vietnam across borders to other countries.
Above is the advice on the definition of technology transfer. For more detailed information, please refer to the Law on Technology Transfer 2017. We hope that our advice will help resolve your concerns.
Wishing you health and success!
