Author： AI-Ali Salahaldeen
Publisher： Inderscience Publishers
ISSN： 0267-5730
Source： International Journal of Technology Management, Vol.10, Iss.7-8, 1995-05, pp. : 704-713
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Abstract
Over the years, there has been an increasing interest in the process of technology transfer from the industrialized to the developing countries. Technology is an essential factor in the industrialization process, particularly for developing countries. Technology transfer is a complex process which requires clear definitions from the outset, to ensure that both the seller and purchaser of technology clearly understand its implications, and try to maximize the benefits for both parties. The transfer of technology must encompass the participation of local agencies in the acquisition of the know-how and expertise embodied in the imported technology. Developing countries cannot easily industrialize without importing technology from developed countries. At the same time, they run the risk of perpetually depending on foreign technology, if they fail to develop their own local capability. The usefulness of, and benefits to be gained from, imported technology depend on the appropriateness of the technology selected and how effectively and efficiently it is transferred and managed.
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