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Evaluation of technology transfer strategy of petrochemical process

Author

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  • Ali Mohaghar
  • Abbas Monawarian
  • Hamid Raassed

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

Suggested Citation

  • Ali Mohaghar & Abbas Monawarian & Hamid Raassed, 2012. "Evaluation of technology transfer strategy of petrochemical process," The Journal of Technology Transfer, Springer, vol. 37(4), pages 563-576, August.
    • Handle: RePEc:kap:jtecht:v:37:y:2012:i:4:p:563-576
    DOI: 10.1007/s10961-010-9180-9
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    References listed on IDEAS

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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 736-746, November.
    2. Lee Cronbach, 1951. "Coefficient alpha and the internal structure of tests," Psychometrika, Springer;The Psychometric Society, 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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    Cited by:

    1. A. Dinmohammadi & M. Shafiee, 2017. "Determination of the Most Suitable Technology Transfer Strategy for Wind Turbines Using an Integrated AHP-TOPSIS Decision Model," Energies, MDPI, vol. 10(5), pages 1-17, May.
    2. Naoto Aoyama & Emilson C.D. Silva, 2017. "Asymmetric Innovation Agreements under Environmental Regulation," CESifo Working Paper Series 6782, CESifo.

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    More about this item

    Keywords

    Strategy; Technology; Technology transfer; Petrochemical; Process; O25;
    All these keywords.

    JEL classification:

    • O25 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Industrial Policy

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