Technology Transfer: Case Studies
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Industrialization is an essential component of the development process. Technology seems to be the principal stimulus and an effective catalyst for this process of industrial growth. It can be argued that spillovers from invention and innovation at the international level generate technological changes, which can be effectively employed by the developing or newly industrializing nations. The process of acquiring technology from a country that has substantially improved technological knowledge is known as technology transfer. The importance of technology transfer has engendered much exploration in the fields of productivity analysis, market operation, corporate learning and overall growth of the economy. In this context, there can emerge two principal ways of utilizing transfer of technology – namely, gradual learning and leapfrogging.
KeywordsTechnology Transfer General Motor Shop Floor Total Quality Management Steering System
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