Technology transfer: economic factors that influence transferor and transferee’s choice^*

* The data that support the findings of this study are openly available in the Open Science Framework, at doi:10.17605/OSF.IO/GAK6E

ABSTRACT

This research presents itself as one of the earliest studies to consider economic factors that influence decision making in an international technology transfer while considering the perspectives of the transferor and transferee individually. Unlike previous studies, this study takes a multi-variable analysis approach in considering these factors through the development of a common analytical framework that can be applied to similar studies. The methodology used herein is quantitative and involves a multiple regression analysis, which combines variables examined unilaterally in earlier studies. The results show that economic factors that influence a transferor’s choice of a transferee include inflation rate, currency exchange rate, and foreign direct investment while in the converse relationship, the results prove that in addition to inflation rate, currency exchange rate, and foreign direct investment, official development assistance was also relevant.

KEYWORDS:

• Transferor
• transferee
• international trade
• economic factors

Disclosure statement

No potential conflict of interest was reported by the authors.

Notes on contributors

Cho Dae-Woo is a Professor Emeritus at the College of Management and Economics, Chungnam National University, Daejeon, South Korea. He has over 39 years’ experience in lecturing and his research interest is in the field of technology and innovation, industrial revolutions, and business management.

Temitayo Shenkoya is a Doctoral Candidate at the Graduate School of National Public Policy, Chungnam National University, Daejeon, South Korea and his major is in Science and Technology Policy. He has over 12 years’ experience in the science, technology and innovation diffusion and his research interest is in the field of national innovation system, education, innovation, and knowledge management.

Notes

* The data that support the findings of this study are openly available in the Open Science Framework, at doi:10.17605/OSF.IO/GAK6E

Additional information

Funding

This research did not receive any specific grant from funding agencies in the public, commercial, or not for profit sectors.