STRATEGIC MANAGEMENT: TRANSFER OF TECHNOLOGY
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This book looks at structure and operation in global business and system influenced by MNCs'' economic powers.It analyses economic objectives of multinational enterprises in the Third World and highligts prospects for technology leverage from developed to developing countries despite the constraints. Noting that MNCs contribute little to Third World''s efforts in graduating from poverty to a market economy, the author rationalises transferability of managerial and knowhow tools. Although technology offers host countries'' employment and skill development but there is crisis of confidence because of domination of strategic areas by external financiers which negates national interest amidst the struggle for sovereignty after the unhappy colonial wedlock.Technology relates to inputs/output variations in terms of product quality. Marshallian economists put it as capital factor even as it lacks precise measurement. The book looks at how developing countries could overcome the constraints in working towards technological self-reliance.
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