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Technology Transfer and Human Resource Constraints and Challenges: A note to the developing world

Academic Leadership: The Online Journal, Vol: 8, Issue: 1
2010
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Metric Options:   Counts1 Year3 Year

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Article Description

capable and sophisticated. Although countries like Brazil, China and India have made significant strides, most African countries have fallen behind in this journey. The good thing is, with globalisation and free trade; certain technologies previously controlled by certain developed countries are finding their way into the developing world markets without the associated costs. For example, some multinationals now invest in developing countries in order to obtain a base for export to other subregions and by doing so make available aspects of their technologies. The opportunity developing countries have is to create an environment which would attract multinationals to invest into their countries without compromising the freedom of their people. This approach will enable developing countries to gain insights into emerging technologies, while taking the opportunity to develop their own technologies. It is for this reason that the right human resource capabilities with the appropriate skills are essential.

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