Some Problems of the Transfer of Technology from the Developed Countries to the LDCs

This paper attempts to identify the factors which are directly related to the effective transfer of technology from developed countries to LDCs. The recipient countries should have the capability of alteration/adaptation based on cost-minimization criteria. Some problems are such that technologies are transferred on the conditions of MNFs, packaged forms and under state management which result in lack of competitive pressure. Non-technological criteria are shown to be a problem under state management in the transaction of technology.