Dr. Reddy points out that the key to economic success,
particularly for the less developed countries of the world, is
technology--but only when properly applied. Despite years of help
through technology transfer, however, many LDCs are still
improverished. This leads him to conclude that either the wrong
technologies were transferred or the right ones were not
transfered. His book thus focuses on ways in which LDCs can improve
their economic growth through technology transfer, arguing that it
is the assimilation of technology into their socioeconomic and
cultural structures that is critical to their economic development,
not the indiscriminate borrowing from advanced nations. In doing
so, Dr. Reddy presents a behavioral model which proves that
technology absorption is just as--if not more--important than a
simple transfer process. A challenging, research-based discussion
for academics in economics, business, sociology, marketing, and
management, and for business and government policymakers
worldwide.
Dr. Reddy introduces the concepts related to technology transfer
and discusses the major participants in the worldwide transfer
enterprise. He presents barriers and ways to overcome them in
technology transferral, explores the ethical dimensions, and then
lays out his technology transfer assimilation model. He applies the
model to a specific and representative developing country, India,
and ends with a discussion of conclusions that can be drawn from
it. His three appendixes elaborate on the need for, and methods to,
transfer technology to LDCs, provide ways to analyze the costs, and
present a model of reciprocal distribution that may benefit both
the donor and the recipient country in the transfer process.
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