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The Theory of the Dominant Economy and International Technology Transfer
DOI link for The Theory of the Dominant Economy and International Technology Transfer
The Theory of the Dominant Economy and International Technology Transfer book
The Theory of the Dominant Economy and International Technology Transfer
DOI link for The Theory of the Dominant Economy and International Technology Transfer
The Theory of the Dominant Economy and International Technology Transfer book
ABSTRACT
This chapter discusses to fill gap by applying the analytical framework of the theory of economic power and of the dominant economy, developed by the French economist Francois Perroux. The theory of the dominant economy has been elaborated in the late 1940s and early 1950s by Francois Perroux as a reflection on the US domination of the Western world. The group membership sets forth some sort of externalities for individual member-states. F. Perroux associates this particularly with the different impact power of individual groups vis-à-vis the external world and with the group-specific information supply. The incompatibility of political and ideological aims and values has its consequences in the economic activities of the parties, including technology transfer. Parallel to this, East-West technology transfer occurs within the framework of the unequal distribution of economic power between the parties concerned, of which some elements.