The relation between foreign direct investment (FDI) and technology transfer by multinational companies is related to today’s international economic development and seems to be very high- flying. There is a single view that technologies can be passed during the hosting of emerging economies, GE’s back and advance ties with indigenous clients and businesses, emulation of local companies in the life of GE group of companies, stimulation by GE group of managers and skilled staff and transition of GE’s R&D operations to host economies.

The transition of technology includes the sharing of information between those who have it and those who have not. Without razing the source for trade that culminated in a well-known problem called asymmetric intelligence problem, the former will not completely reveal the details. Buyers can not completely determine the worth of the data without purchasing it, which can lead to huge processing costs. In international terms, for contract enforcement, the intelligence crisis is more brutal, more difficult to access.

Moreover, because of lead-time, patents and IPRs, emerging technology owners have considerable market control. This simply suggests that the price of technologies would go above the economically optimum stage. This deviation between expense and price allows innovators the ability to prosper. This indicates a decline in the national gain of technology imports. Economists have long considered investment to be a means of growth. Today, however, the rate of technological innovation and development is seen as a dominant factor leading to economic growth and long-term improvements in the standard of living. It is now widely accepted that comparative advantage depends no longer on natural endowments, but is created by policy. Countries that struggle to keep up with modern technologies often crash, unable to sustain, far less raise, a given standard of living.

Under the 1981 International Code, technological transfer is defined as the transfer of systematic knowledge to the manufacture of a product, to the application of a process or to the rendering of a service and does not extend to merely the sale or rendering of a product. Companies look to move inventions from other companies so designing goods or processes based on a technology that someone else has developed could be cheaper, simpler, and better than starting from scratch.

GE group of companies has been established in order to provide its customers with best of their services in terms of technology transfer. The GE Group of Companies claims that technology transfer plays a vital role in the process by discovering technologies that are ready for real-world applications to be translated, securing patents and copyrights to protect them, and licensing inventions and processes for existing companies to manufacture and sell their products.

In addition to this, GE group of companies have designed protocols and appropriate mechanisms to provide their customers and foreign investors to set up their business in our home country. We here at GE group has designed various different apparatuses along with our experienced team members who are all trained to give their best of services with quality and innovation to our investors to run and setup their business and leave the rest to us for transferring their technologies to our country as per their own deployment plan. The team at GE group of companies work with their best skill set and provide a smooth technology transfer process to all our investors. Our technology transfer process includes seven appropriate steps, which are followed by our team members in order to provide best of our technology transfer to our investors. The technology transfer process at Golden Enterprise group of companies includes invention revelation, valuation, patent application, assessment, licensing of patents, commercialization and marketing.