This study investigated technology and development in Nigeria using selected manufacturing companies in South-East. Descriptive survey research design was used and questionnaire served as the instrument of data collection. Data collected were analyzed using percentages and mean statistic. The Pearson product moment correlation coefficient was used to test the hypotheses. The study revealed that there is significant relationship between development of indigenous technology and productivity of manufacturing firms, and technological transfer enhances productivity for manufacturing firms. The work concludes that the achievement of organizational goal in manufacturing firms depends on the extent of utilization of indigenous and transferred technologies. Based on the findings and conclusions of this study, it was recommended that manufacturing firms should effectively utilize indigenous technologies so as to reduce cost of production and achieve productivity. Again, manufacturing companies should go for technological transfer when necessary to improve their productivity and production efficiency/effectiveness and achieve their goal.
Keywords: Technology, Development, Indigenous Technology, Technological Transfer and Productivity.