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Technology transfer efficiency for developing countries

Abstract

This paper aims to come up with a well grounded position on the issue of technology transfer. Two main opinions are compared by comparing possible position presented in sources analyzed in the work. The first idea stands for unconditional benefits of technology transfer and the second questions the possibly of this transfer arguing that transferor due to external effects won’t be willing to transfer. The paper concludes that technology transfer will be the most useful policy for the developing country while combined with investment into its R&D sector since the goal of technology transfer is to bring the developing country to the level it can produce its own technology. To accomplish this task sole copying is not enough, it requires development of R&D in the developing country.

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