Barriers to Technology Transfer

Thursday, January 1st, 1987 at 12:00 am by Guo Qingjiang
Guo Qingjiang, Barriers to Technology Transfer, 1987 Colum. Bus. L. Rev. 117

The unbalanced development of the world’s economies has sparked a general debate in the past decade concerning the developing countries’ demand for a “new international economic order.” A problem arises in that practical technology is created through the investment of large amounts of capital in research and development. Most developing countries do not have the economic strength to conduct extensive research and development. Without extensive research and development their economies are unlikely to grow rapidly. This situation colors developing countries’ business relationships and makes the import of technology a political as well as an economic imperative.

Author Information

The author is currently serving in the Department of Technology Import & Export of the Ministry of Foreign Economic Relations and Trade of the People's Republic of China and is Commercial Secretary to the Chinese Embassy in Washington, D.C.