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Functional Markets and Indigenous Capacity for Sustainable Development: What Can Transnational Corporations Do through Technology Transfer?

Richard Adams

Chapter 9 in New Generic Technologies in Developing Countries, 1997, pp 195-213 from Palgrave Macmillan

Abstract: Abstract Technology and economic development have been inseparably linked throughout history. Their interdependence increased from the start of the industrial revolution and was further emphasized with the growth of the transnational corporation (TNC). Technology — applied arts and sciences — has been harnessed by all governments to achieve their objectives: peace and war, social change and social stability. But although governments can stimulate technological processes, they are increasingly in the hands of the TNC when it comes to application and implementation. It is hard to overestimate the degree to which the large corporation regards itself as the specialist, par excellence, in making new technology functional.

Keywords: Technology Transfer; Generic Technology; Transnational Corporation; Uruguay Round; Military Spending (search for similar items in EconPapers)
Date: 1997
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-25836-9_10

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DOI: 10.1007/978-1-349-25836-9_10

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