Transnational Corporations and Technology Transfer- Contours of Dependence in Indian Petrochemical Industry

Technology Transfer Contours of Dependence in Indian Petrochemical Industry Sushil Khanna Technology, not capital, is the decisive factor in the control of modern enterprises and the sharing of benefits from an investment decision. This has rekindled interest in the transfer of technology to Third World countries by the transnational corporations. Numerous studies on the nature and structure of technology markets, the role of the patent system and the mechanisms and costs of technology transfer are now available.