Nowadays technology transfer is considered as the process of sharing skills, expertise, knowledge and technologies either among government and institutions or between transferee and transferor enterprises. Using scientific investigations and real-world instances of practice, this study tries to show the importance of technology transfer and its role in societal development. Applying the views of the related literature and using a dynamic system approach and experts & apos; opinions, this study is supposed to determine positive and negative relations among different components of social development and technology transfer which are namely the parts of technological give and takes.