The bold economic reforms, globalisation and liberalisation policies have placed heavy emphasis on increasing the country’s foreign trade by way of accelerating its export growth and technology transfer. In fact, technology transfer has long been recognised as one of the key factors in accelerating economic development. In the 21 century, TT is expected to play an increasingly important role in future growth of firms and economic development of the countries, especially in the context of growing international competitive pressures. One of striking international developments in the recent decades is the emergence of newly industrialised countries and forging the co-operation among them in the industrial fields, particularly in the promotion of joint ventures. This book examines in detail the process of technological innovation and analyses the role of Technology Transfer through Joint Ventures Abroad in the economic development of developing countries. It deals with the salient problems of TT through joint ventures and evaluates them with analytical approach and prescriptive suggestions. The book is quite informative and it contains the latest guide-lines, procedural formates and details of joint venturing firms. It is a useful directory of TT and IJVA in its present form. This guide-cum-reference book would be of immense help to policy framers, economists, entrepreneurs and executives of international business, bureaucrats, faculty members and students of foreign trade and management.
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