By Allan Reddy
Dr. Reddy issues out that the main to fiscal luck, fairly for the fewer built international locations of the realm, is technology―but simply while adequately utilized. regardless of years of support via expertise move, besides the fact that, many LDCs are nonetheless improverished. This leads him to finish that both the incorrect applied sciences have been transferred or the correct ones weren't transfered. His ebook hence makes a speciality of ways that LDCs can enhance their monetary development via expertise move, arguing that it's the assimilation of know-how into their socioeconomic and cultural buildings that's serious to their financial improvement, no longer the indiscriminate borrowing from complex countries. In doing so, Dr. Reddy offers a behavioral version which proves that expertise absorption is simply as―if now not more―important than an easy move strategy. A demanding, research-based dialogue for lecturers in economics, company, sociology, advertising, and administration, and for company and govt policymakers worldwide.
Dr. Reddy introduces the thoughts regarding know-how move and discusses the key individuals within the world wide move firm. He provides obstacles and how one can triumph over them in know-how transferral, explores the moral dimensions, after which lays out his know-how move assimilation version. He applies the version to a particular and consultant constructing nation, India, and ends with a dialogue of conclusions that may be drawn from it. His 3 appendixes intricate at the desire for, and techniques to, move know-how to LDCs, supply how one can study the prices, and current a version of reciprocal distribution which could profit either the donor and the recipient kingdom within the move process.
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