Knowledge and technology is taken as a driver of economic growth and welfare for every country.rnIt can be owned mainly in two ways; i.e. developed internally or transferred from external source.rnDeveloped countries use their own developed knowledge and technology whereas most developingrncountries invest on transferring the developed knowledge and technology through differentrnmechanisms. rnEthiopia, as a developing nation, has been investing on technological innovation and it is supportedrnwith foreign direct investment. Industrial parks are treated as the center of technology transferrnwhile generating foreign currency and creating job opportunity. To achieve this via industrialrnparks, the government plans to transfer knowledge & technology by recruiting trainers for threernyear contract. It is four years since started, but the required level of knowledge & technologyrntransfer is not achieved yet by two main cases, as per the information from EiC & parkrnmanagement. One, expats are asking contract renewal referring insufficient achievement of planedrntraining & two, trained labors leave the company due to dissatisfactory cases. rnThis thesis work addressed problems associated with knowledge and technology transfer fromrnhome country (foreign investors) to host country (Ethiopia) via industrial parks established for thisrnand other purposes; considering Bole Lemi Industrial Park as a case. The objective of the researchrnis to develop an effective conceptual framework that integrate the methods, actors and actions ofrnknowledge and technology transfer by minimizing factors in industrial parks. rnBoth quantitative and qualitative data collection tools and analysis methods were used in the study.rnTabular, graphic & descriptive analysis is implemented to explain the data and to show thernmeanings in result. Also, a conceptual framework is developed for integration of threerndeterminants of knowledge and technology transfer: methods, actors and actions; which arernidentified from the literature gap. rnAt the last part of this research, conclusion is made based on the discussion and findings andrnpossible recommendations is forwarded to the responsible bodies in the government and privaternsector.