A rationale for government-mandated countertrade: technology transfer
by Peter W. Liesch
International Journal of Technology Management (IJTM), Vol. 8, No. 6/7/8, 1993

Abstract: The Australian Government Offsets Program targets technology transfer as a means of upgrading the technological base of Australian industry. Government attempts to establish pre-conditions for trade in order that local firms participate in activities in which they would not have done so otherwise. This involvement of government creates a competition for the rents from technological superiority; this process shares the characteristics of an activist trade and industrial policy which has become topical of late and is canvassed as strategic trade policy. This paper presents a rationale for one variety of such policy, government-mandated countertrade, practised as offsets policy.

Online publication date: Sun, 24-May-2009

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