A Macro Perspective on Technology Transfer

Additional A Macro Perspective on Technology Transfer Information

Reddy points out that the key to economic success, particularly for Despite years of help through technology transfer, however, many LDCs are still improverished. This leads him to conclude that either the wrong technologies were transferred or the right ones were not transferred.

His book thus focuses on ways in which LDCs can improve their economic development, not the indiscriminate borrowing from advanced nations.

In doing so, Dr.

Reddy points out that the key to economic success, particularly for the less developed countries of the world, is technology--but only when properly applied. Despite years of help through technology transfer, however, many LDCs are still improverished.

This leads him to conclude that either the wrong technologies were transferred or the right ones were not transferred.

His book thus focuses on ways in which LDCs can improve their economic development, not the indiscriminate borrowing from advanced nations.

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