By Allan Reddy
Dr. Reddy issues out that the major to financial luck, relatively for the fewer built international locations of the area, is technology―but purely while thoroughly utilized. regardless of years of support via know-how move, despite the fact that, many LDCs are nonetheless improverished. This leads him to finish that both the inaccurate applied sciences have been transferred or the ideal ones weren't transfered. His booklet therefore specializes in ways that LDCs can increase their fiscal progress via know-how move, arguing that it's the assimilation of know-how into their socioeconomic and cultural buildings that's serious to their fiscal improvement, now not the indiscriminate borrowing from complex countries. In doing so, Dr. Reddy provides a behavioral version which proves that expertise absorption is simply as―if now not more―important than an easy move method. A difficult, research-based dialogue for lecturers in economics, enterprise, sociology, advertising, and administration, and for company and govt policymakers worldwide.
Dr. Reddy introduces the thoughts regarding know-how move and discusses the key contributors within the world wide move firm. He provides boundaries and how one can triumph over them in know-how transferral, explores the moral dimensions, after which lays out his know-how move assimilation version. He applies the version to a particular and consultant constructing kingdom, India, and ends with a dialogue of conclusions that may be drawn from it. His 3 appendixes difficult at the want for, and strategies to, move expertise to LDCs, supply how one can research the prices, and current a version of reciprocal distribution that can profit either the donor and the recipient nation within the move process.
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A Macro Perspective on Technology Transfer by Allan Reddy