The Ghana Investment Promotion Centre (GIPC) is to hold its first quarter Chief Executive Officers Breakfast Meeting this year, on Tuesday, March 30, 2021.
The meeting will comprehensively look at Technology Transfer Agreements (TTA), on the theme "Technology Transfer Agreements: Eligibility, Compliance & Liabilities."
A statement copied to the Ghana News Agency said the first quarter gathering of CEOs would sensitise investors and businesses on GIPC'S TTA registration.
It said together with key partners such as the Ghana Revenue Authority, the Bank of Ghana, and the Ministry of Finance and Economic Planning, discussions would be on issues relating to TTA applications, and benefits of TTAs to both foreign and local businesses.
"In Ghana, TTAs are entered into two entities, usually a parent company abroad and its local subsidiary or associate company, which is domiciled locally," it said.
The statement said normally, a contractual relationship defined how a parent company would transfer its technology, expertise, know-how to an entity within the country, adding that the provisions of every technology transfer agreement in Ghana must conform to and be governed by the Ghana Investment Promotion Centre Act 2013(Act 865).
It said both local and foreign businesses could participate in the event from 0900 hours via the GIPC's online platforms (@gipcghana) – Facebook, Twitter, Instagram LinkedIn and YouTube).