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Evaluation of technology transfer strategy of petrochemical process

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  • Ali Mohaghar
  • Abbas Monawarian
  • Hamid Raassed

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    Abstract

    In this paper we present technology transfer strategy of petrochemical process to Iranian industries. Petrochemical industries import requested technology by some known strategies such as Foreign Direct Investment (FDI), Licensing, Joint Venture (JV), Turn-key, Reverse Engineering (RE) and Research & Development (RD). The strengths and weaknesses of each strategy was evaluated according to our situation and condition. In first step, the related literature and previous studies we investigated to find indexes for technology transfer of petrochemical process. By prepared questionnaire and referring to petrochemical experts, through AHP method, the significance of indexes related to each strategy was evaluated and analyzed. The result shows that make JV with an International company who owns the know-how technology and strong background in requested technology, will help us to succeed in our investment. Licensing, also, is an appropriate alternative for some technology transferring projects that no JV could be created. Copyright Springer Science+Business Media, LLC 2012

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    File URL: http://hdl.handle.net/10.1007/s10961-010-9180-9
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    Bibliographic Info

    Article provided by Springer in its journal The Journal of Technology Transfer.

    Volume (Year): 37 (2012)
    Issue (Month): 4 (August)
    Pages: 563-576

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    Handle: RePEc:kap:jtecht:v:37:y:2012:i:4:p:563-576

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    Web page: http://www.springerlink.com/link.asp?id=104998

    Related research

    Keywords: Strategy; Technology; Technology transfer; Petrochemical; Process; O25;

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    1. Kaz Miyagiwa, 1988. "International Transfer of Localized Technology and Factor Income in the Ricardo-Viner Trade Model," Canadian Journal of Economics, Canadian Economics Association, vol. 21(4), pages 736-46, November.
    2. Lee Cronbach, 1951. "Coefficient alpha and the internal structure of tests," Psychometrika, Springer, vol. 16(3), pages 297-334, September.
    3. Glass, Amy Jocelyn & Saggi, Kamal, 1998. "International technology transfer and the technology gap," Journal of Development Economics, Elsevier, vol. 55(2), pages 369-398, April.
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