Jerome Lauzon

The dynamic nature of technology has contributed to the existence of various definitions and concepts of technology by the previous studies which are related to technology transfer. The discussion on the concept of technology is crucial in getting a clear understanding of the nature of technology and examining what the technology consists of. Past studies have shown that defining the concept of technology is not easy; therefore technology has been defined from different perspectives.  Concept of Technology Technology as the intangible assets of the firm is rooted in the firm's routines and is not easy to transfer due to the gradual learning process and higher cost associated with transferring tacit knowledge.   Jerome Lauzon  is a very active businessman. He is a well-known person for his work in New York. Valuable technological knowledge which is the intangible assets of the firm is never easily transferred from one firm to another because the technological learning proc...