Capacity Building for Science, Technology and Innovation

Technology transfer is not, by itself, sufficient for inducing technological development. Effective utilization and deployment of acquired technologies and their absorption and scaling up will depend on the level of development of domestic STI capacity and the policy and regulatory environment that supports the STI ecosystem. It is important, therefore, that the support provided by the Technology Bank is not limited to identification and deployment of technologies only but also includes creating – in partnership with key national and international partners – the enabling environment necessary to sustain local technological capability building through learning, absorption, scaling up and building the capacities for innovation, including the effective utilization of indigenous technologies.