By Allan Reddy
Dr. Reddy issues out that the main to monetary luck, relatively for the fewer constructed international locations of the realm, is technology―but simply while competently 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 incorrect applied sciences have been transferred or the perfect ones weren't transfered. His e-book hence makes a speciality of ways that LDCs can increase their financial development via know-how move, arguing that it's the assimilation of know-how into their socioeconomic and cultural buildings that's severe to their fiscal improvement, now not the indiscriminate borrowing from complicated international locations. In doing so, Dr. Reddy offers a behavioral version which proves that know-how absorption is simply as―if no longer more―important than an easy move procedure. A difficult, research-based dialogue for teachers in economics, company, sociology, advertising, and administration, and for enterprise and govt policymakers worldwide.
Dr. Reddy introduces the suggestions relating to know-how move and discusses the key individuals within the all over the world move company. He provides obstacles and how you can conquer them in expertise transferral, explores the moral dimensions, after which lays out his expertise move assimilation version. He applies the version to a selected and consultant constructing state, India, and ends with a dialogue of conclusions that may be drawn from it. His 3 appendixes complicated at the desire for, and techniques to, move expertise to LDCs, offer how you can examine the prices, and current a version of reciprocal distribution that can gain either the donor and the recipient kingdom within the move process.
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A Macro Perspective on Technology Transfer by Allan Reddy