Transfer of Technology to Promote Entrepreneurship in Developing Countries: An Integration and Proposed Framework

Abstract

That entrepreneurship is vitally important to the economic development of a nation Is Indubitable. However, divergent approaches to promoting and fostering entrepreneurial development in the developing countries have been suggested. This paper explores the role of technology transfer to promote entrepreneurship in the LDCs. We argue that entrepreneurial development depends, among other things, on the technology content and context, mode of technology transfer, the recipient country's level of economic development, and the absorptive capacity of local firms. Propositions and implications are offered to guide future research and practice in international entreprenuership.