ABSTRACT
This chapter considers how localisation policies may have an effect on the process of technology transfer. It presents a concise resumé of technology transfer as a context against which the specific research topic may be set. Companies with weak internal technological capabilities are only likely to be able to localise Research and Development (R&D) services on a collaborative basis with external partners, but at the risk of perpetuating foreign domination of the industry. Systematic implementation of R&D projects of these types may help developing countries to stimulate multinational corporations to develop specific technological options appropriate to developing countries’ conditions and endowments. The development of long-term investment, of effective alliances and of efficient transfer mechanisms depends in essence upon the recognition that all parties concerned need to be able to perceive the possibility of beneficial outcomes. The oil industry represents no more than a particular case of technology management and development.
