This book identifies the major factors responsible for effective transfer of information and human expertise from an advanced country or a multinational corporation to the developing world.

The objective of this book is to present the problems and possibilities of transferring technology from the developed countries to the developing countries to raise their standard of living. It develops the conceptual issues, legal ramifications, empirical testing of mathematical models and case studies of different industries in many countries. It contains articles by distinguished scholars in the field, practitioners and government officials. It is an important supplement to the hands-on approach used by many private industries and national and international organizations. The unique feature of this book is that it is multidisciplinary and that it has a balanced combination of abstract theoretical approaches and practical considerations.

This publication contains three case studies which seek to disseminate information on best practices for promoting transfer of technology in developing countries, in order to help establish new industries which can successfully compete in the global economy. These studies were carried out under the UNCTAD/UNDP Programme on Globalization, Liberalization and Sustainable Human Development, and deal with aircraft manufacturing in Brazil, the pharmaceuticals sector in India and the automobile industry in South Africa.

The impact of globalization on the world's developing economies is not conclusive: studies show conflicting conclusions to the same problems in the context of globalization in developing countries. It is this analytical inconclusiveness that is at the heart of this collection, which makes a fresh attempt to study the real impact of globalization.

The technological revolution has reached around the world, with important consequences for business, government, and the labor market. Computer-aided design, telecommunications, and other developments are allowing small players to compete with traditional giants in manufacturing and other fields. In this volume, 16 engineering and industrial experts representing eight countries discuss the growth of technological advances and their impact on specific industries and regions of the world. From various perspectives, these distinguished commentators describe the practical aspects of technology's reach into business and trade.