I've only done a couple of track days on a bike so I'm prepared to be shot down here but I think so. The routine of accelerating to a braking point, braking, turning in, trying for the apex and picking a point to start accelerating out that I was used to in the car seemed to work on my first track days on the bike but I think knowing roughly where you're meant to be on the track is pretty much the only transferable skill from car racing!
I didn't try trail braking on the bike or anything else more advanced that I would in the car because there was so much new stuff to learn even keeping it simple by braking only in a straight line. For example I'm not used to sliding forward in the seat under braking because I wasn't nipping the tank hard enough between my knees or how little steering control you have under braking because I was holding myself up by locking my arms straight. You don't need to think about this in cars
I also wondered how on earth you work out for yourself what you're doing wrong to start to improve. For example on my first few laps on the bike I would try for the apex on the inside kerb, miss it by miles and I couldn't understand why. It was interesting to me that through the whole track day I didn't hear any bike tyres screeching, any I did hear screeching were in mid-crash! On car days you do and you can feel (or hear) that you are asking your tyres for too much as you understeer away from the inside kerb.
An instructor "found" me on that track day on the bike, gestured for me to follow him and it did make a huge difference. On that particular day my lines were vastly improved by not trying so hard. Slower in meant that I hit the apex and didn't run out of track on the exit but I don't think I would ever have diagnosed that myself without the input from him.
Cheers,
Simon.