International Technology Transfer in the Middle East and North Africa

Abstract

Introduction The importance of international technology transfer derives from the central role of technology in modern economic growth. The continuing diffusion of successive innovations, whether domestic or foreign in origin, whether product‐or process‐oriented, is essential to sustained productivity increases in any developed or less developed economy. On the micro level, both price and quality competitiveness of any firm either at home or abroad is ultimately determined by its innovative activities. These can be based on either self‐generated or acquired technologies. The long‐run viability and continued growth of a firm depend on its progression from a mere purchaser—adapter initially of all technology, to creator—seller eventually of at least some technology.