Legal Precautions to be Undertaken before Executing a Transfer of Technology (ToT) Agreement

In modern times, technology has become a vital component of the business process of most companies worldwide. Technology can be leveraged in various ways by a company in order to gain a competitive advantage over its competitors and to maximise profits. The transfer of technology is an important way through which countries that are developing can access technology from developing countries.

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Legal Precautions to be Undertaken before Executing a Transfer of Technology (ToT) Agreement