The framework for factors affecting technology transfer for suppliers and buyers of technology in Korea

To gain an ongoing competitive advantage over other firms, a firm must acquire new technology to differentiate itself from others. This paper explores the technology transfer of technology for information technology equipment and establishes a comprehensive framework for the factors which affect on-time completion of technology transfer for suppliers and buyers according to technology transfer agreements. The technology transfer process is divided into the categorical stages that take place. Then, experts’ opinions are analysed through analytic hierarchy process to determine the influential factors affecting on-time completion of technology transfer. The results of this study should provide a basis for firms to evaluate on-time completion of technology transfer and a reference for the technology transfer process for both suppliers and buyers.