Transfer of Technology in Developing Country

Like most other developing countries, our country is seeking foreign funded project to help the growing economy. The emphasis is often placed on the need for transfer of technology. The transfer of technology means the transfer of knowledge, and technical know-how. The transfer of technology may be defined as "a process in which a country is free to choose autonomously from among different alternatives of scientific and technological knowledge, those which are best suited to its natural conditions and to its development objective, its capacity for assimilation and its pattern of living". …