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technology transfer The transfer of development and design work: 1. from a parent company to a subsidiary, perhaps in another nation where it will be paid for in repatriated profits or royalties; 2. from one country to another as a form of aid to help promote development and sustainable growth. Many nations have made great progress on the strength of technology transfer [tek'nɔləʤɪ'trænsfɜ:] | |
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