The future contractual basis for technology transfer

  • Mark Casson

Abstract

A major theme of this book is that there is considerable scope for substituting licensing for FDI. It is not claimed that licensing can be a perfect substitute for FDI, either now or in the foreseeable future. Rather there is a margin at which the costs and benefits of licensing versus FDI are equalised, and on social criteria this margin is more favourable to licensing than present practices would suggest.

Keywords

Income Marketing Monopoly Oligopoly 

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6. The Future Contractual Basis for Technology Transfer

  1. 2.
    See for example P. Streeten, ‘New approaches to private investment in less developed countries’, in J. H. Dunning (ed.), International Investment, Harmondsworth, 1972.Google Scholar

Copyright information

© Mark Casson 1979

Authors and Affiliations

  • Mark Casson

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