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A comprehensive approach to purchasing technology | |
Author | Vidyasagara, Nawarathna Mudiyanselage Wimaladarshana |
Call Number | AIT RSPR no. SM-95-15 |
Subject(s) | Technology transfer--Sri Lanka |
Note | A Research study submitted in partial fulfilment of the requirement for the degree of Master of Business Administration, School of Management |
Publisher | Asian Institute of Technology |
Abstract | There is a widespread agreement among developing countries now that, unless technology is properly managed, changed, and controlled, there can never be adequate industrial and economic development. The approach which is most practical today in introducing technological change is the "buy-some-make-some" approach. But what needs to be transferred and what can be locally developed depends upon the strength of a firm's indigenous technological capability, locally available supportive infrastructure, the national technology climate and global technological trends. However, the tacit assumption which is frequently made by many managers in developing countries is that any technology transferred from outside is useful. But due to their lack of capability in: scanning the international shelf; technology assessment; and negotiating, very often they end up purchasing obsolete or nearly obsolete technologies which makes it difficult for these developing country firms to achieve their objectives. Even if the required technology is purchased it is not uncommon to hear complaints that the transfer of technology was not complete. This study is an attempt to develop an approach for technology transfer which can be used at the firm level by manufacturing sector organizations in developing countries, in their dealings with foreign sources to acquire new technologies. The proposed approach consists of seven steps and they are: scanning, assessing the external business environment, assessing the internal environment, selection, negotiation, implementation, and monitoring and improvements. The validity and usefulness of this approach is tested by conducting five case studies from the manufacturing sector organizations in Sri Lanka. It appears that the approach is suitable for practical applications. Based on the findings of the case studies, a set of guidelines for local firms and the Government are also proposed |
Year | 1995 |
Type | Research Study Project Report (RSPR) |
School | School of Management (SOM) |
Department | Other Field of Studies (No Department) |
Academic Program/FoS | Master of Business Administration (MBA) (Publication code=SM) |
Chairperson(s) | Ramanathan K. |
Examination Committee(s) | Sharif, Nawaz ;Tang, John C.S. |
Scholarship Donor(s) | Government of Norway |
Degree | Research Studies Project Report (M.B.A.) - Asian Institute of Technology, 1995 |