ABSTRACT

The utility and profitability of the steel industry are premised upon the three pillars of product quality, price, and market share. In reviewing the literature on technology transfer, I shall consider the motivations for transfer as being a corporation's achievement of greater market share and purchasers' need of products at a fair market price. These motivations are examined through the lens of international negotiations among corporations seeking market presence by establishing production facilities in third countries to achieve economies of scale and scope in order to gain market presence. The product of these negotiations is technology transfer, and these negotiations between supplier and recipient are relevant in the formulation of a dynamic taxonomy. This discussion shall be limited to the steel industry.