technology absorption and acquisition. presentation

8/14/2019 technology absorption and acquisition. presentation

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Technology Absorption &

Acquisition

Submitted by :Shruti Malhotra

Krishna Kumar Yadav

Sourabh Malhotra

Pooja Poply


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Introduction

Technology absorption :refers to the

acquisition, development, assimilation, and

utilizationof technological knowledge and

capability by a firm from an external source.

The transaction occurs between transferring

and receiving organizations.


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Phases of technology Absorption

1.Adoption 2.Adaption

3.Absorption 4.Optimisation


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ADOPTION:The process under which the

various features of the technology which is

the subject of transfer are suitably modified,

changed or altered keeping in the view the

needs of the buyer. The needs of the buyer of technology get

crystallized and the supplier makes suitable

modifications in the technology beingsupplied so that it conforms, as far as possible,

to the requirements of the buyer


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ADAPTION:It is a phase that takes place after

a technology has been adopted and put intouse in production activities/facilities.

During this stage, a number of alterations and

modifications to suit the indigenousconditionsare made and they may relate to the use of

raw materials/components manufactured.

It covers both product modifications as well as

production technology changes, using

indigenous skills as well as local materials.


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ABSORPTION:It involves Know-why

exercises, basic investigations into the product

and or process and or systems.

This will require unpack aging of a technology

package.

It requires R&D projects in know-why,

optimization and improvement of

product/process/systems and related

equipments.


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OPTIMISATION:t is the effective savings in the

use of material and energy consumption both

in product and processes which constitute

optimization of technology


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Project stages of technology

absorption

PROJECTFORMULATION

PROJECTEXECUTION

TECHNOLOGYADAPTION

TECHNOLOGYABSORPTION

TECHNOLOGYIMPROVEMENT

AND UPGRADATION


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PROJECT FORMULATION:

Prefeasibility report/project report

Technology negotiations

Approvals/clearances with Government

Foreign collaboration agencies

Funds from financial institutions

Land Acquisition

Clearances from State Govt. and other bodies

for power etc


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PROJECT EXECUTION:

Technology Transfer.

l Design/know-how, experts, training

l Use of Indian consultants l Procurement of equipments, components

and materials.

l Payments for technology, RM, andequipments.

l Project implementation.


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TECHNOLOGY ADAPTION

Trial runs

Debottlenecking /rectifications

Production based on selective imports ofcomponents/RM

Indigenization of RM/ components,

equipments.

Adjust product/process technology to suit

local conditions.


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TECHNOLOGY ABSORPTION:

Analyze and unpackaged technology

Investigate product/process designs and

technology.

Optimize technology for higher quality and

performance.

Design; develop components/raw

materials/equipments.

Use research linkages.


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TECHNOLOGY IMPROVEMENT AND

UPGRADATION

Improve product/process designs and technology for better

performance/utilization.

Use Research linkages.

Upgrade product/process to reach larger scales/capabilities.

Benefits of technology Absorption and up gradation

Repeated collaborations for the same product/process are

avoided.

Acquisition of further technologies becomes selective. Ability is developed to unpackaged technology.


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Savings can be affected in foreign exchange.

l Effective utilization can be made to achieve desired results.

l Exports are increased.

l Know-why and technology up gradation capabilities are built

up.

Technically competent groups of scientists and engineers

trained in technology absorption get matured and

strengthened.

The base for technological self-reliance is enhanced.

Product and Process cost saving can be done.

Increase in sales and profits.


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Case study on technology

absorption


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Future Thrust for Technology

absorption

Industry should attempt to obtain best

available technology closest to international

trends and provide R&D at the stage of project

planning.

Speedy indigenization of raw materials and

components.

Efforts for unpack aging of tailor-made

equipments in the acquired technology


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Technology Acquisition

Documents

technology absorption and acquisition. presentation