ABSTRACT
Technological gap between nations has led to international political controversies as nations seek to access control over science and technology. This control is achieved through the costly and sustained investment in a national or military research and development (R&D) establishment that has the ability to generate, develop, and disseminate new inventions and innovations. Technology becomes the epicentre of offsets for many governments. This chapter focuses on the practical aspects of technology in offsets management. It provides a brief definition of technology and discusses the role of technology leading to national competitiveness advantage. The chapter analyses technology in the context of offsets. It then discusses on success factors for transfer of technology in offsets practice and gives a few brief examples on how to calculate technology in offsets management. The chapter discusses a few valuation methods as options that may be available to buyers and sellers in their technology valuation exercise. It provides a few case studies on how to valuate technology.
