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"Technology transfer" refers to the practice of intentionally providing technology or "know-how" to another party. Many believe that technology underlies the economic advancement of countries. Because of this, when a company locates a production or other facility in a developing country, the host country may require the sharing of the associated technology with the workers and scientists of the host country who work in the facility. The host country requires this "technology transfer" with the expectation that this know-how will improve its technology knowledge base and spur economic development locally. A company (or a country for that matter) may balk at this requirement if it determines the technology transfer threatens its competitive advantage. A company may decide that the potential loss of competitive advantage is worth that risk, however, in order to locate a facility in a country that has desirable local resources, workers, or provides some other benefits for the company.
What else can I help you with?
What are the problems a country may encounter when it decides to import the technology developed in the other nation?
The environment, situation, culture are unique for every country in the world. There is not any single country with identical culture or philosophy. So if a country decides to import technology developed in the other nation, they must take their culture and philosophy into consideration.
Objective of fdi?
The objective of Foreign Direct Investment (FDI) is to promote economic growth, transfer technology and expertise, create job opportunities, and improve infrastructure in a host country. FDI also helps in increasing productivity, fostering competition, and boosting innovation in the local market.
In which fields do europeans work today?
Europeans work in a wide range of fields today, including finance, technology, healthcare, education, tourism, engineering, arts, and agriculture, among others. The specific field varies depending on the country and individual specialization.
Why do you have to declare over 10,000?
Individuals are required to declare amounts over 10,000 when entering or leaving a country to prevent money laundering and ensure compliance with financial regulations.
What does a country need to develop?
A country needs a combination of factors to develop, such as stable governance, infrastructure development, access to quality education and healthcare, economic stability, investment in technology and innovation, and a skilled workforce. Additionally, strong institutions, good governance, and sustainable environmental practices are crucial for long-term development.
Is Peru a devoloping country?
Yes
Is Canada a devoloping nation or developed nation?
It is a fully developed and cultured country with all the trimmings.
Should India become a developing country?
Yes because it is devoloping very good so yes, i think. Idk? Srry :(
Any dairying country is interested about the technology transfer programme- manufacture of rasgulla?
AVAILABLE: Manufacture of an UNIQUE & MONOPOLISTIC casein sweet- BALLS:- "RASGOOLLA" from CALCUTTA DAIRY TECHNOLOGISTS, under TECHNOLOGY TRANSFER PROGRAMME. CONTACT: K. Chakraberti Calcutta INDIA klzsk@dataone.in 91+ 9433973397
What country has better technology then the us?
The country that has better technology than the US is Japan.
What is a political threat and examples of a political threat to a country?
A political threat refers to the disadvantages that a business can have in a country. For example: Less protection for patents and copyrights discourages technology transfer to India. That is related with the PEST analysis, which analysis the situation of a country... and how it can affect a company.
What country leads in Green Technology?
I don't know in technology but the greenest country to live in is Switzerland
Which country is leading in computer technology?
JAPAN is leading on Technology
Can you use technology in a sentence?
technology has greatly improved our country.
Which country has better technology japan or china?
Japan has a better technology.
Which is the easiest and safe way to transfer large ammount of money millions in another country?
The easiest way to transfer large amounts of money in another country is via a bank transfer.
The difference between a developed and a developing country?
Developed countries are those which have a growing economy, and undeveloped are those which are poor and are not growing in value or are very slowly going up, i.e. Italy for Developed and Honduras for Undeveloped
