Abstract
The rate of economic growth depends heavily on the rate of technological development. The constant development and introduction of new technologies into the production process ensure new products, greater productivity, and economic growth. In this sense, technological development through research and development (R & D) and technology transfer is indispensable in every country, especially in the developing countries. However, almost all new technologies are developed in the developed countries, and these newly invented (and developed) technologies are under patent* (or knowhow) control by a handful of countries. The more important the newly invented technology is, the more oftena patent is applied for it in several countries.
Recommended Citation
Hayashi, Takabumi
(1989)
"Technology Control and Transfer of Multinational Companies, and the Philippine Economy,"
DLSU Business & Economics Review: Vol. 2:
No.
1, Article 9.
DOI: https://doi.org/10.59588/2243-786X.1638
Available at:
https://animorepository.dlsu.edu.ph/ber/vol2/iss1/9
