Authors: Joanna I. Lewis
Addresses: Edmund A. Walsh School of Foreign Service, Georgetown University, 37th & O Streets NW, ICC 305-Q, Washington, DC 20057, USA
Abstract: This paper explores the strategies used by the domestic wind power technology companies in China, India and South Korea in order to understand how these countries have acquired and assimilated advanced technologies. It finds that the primary technology transfer and acquisition strategies utilised included licensing arrangements and Mergers and Acquisitions (M&A) that resulted in the transfer of technology ownership and partnerships for the joint development of new technology. As technology development becomes increasingly global, firms in the emerging economies can take advantage of their increasing access to technological know-how that was previously developed by and for the developed world.
Keywords: technology transfer; innovation systems; wind power; China; India; South Korea; wind turbine industry; wind turbines; wind power; advanced technology; acquisition strategies; licensing; mergers acquisitions; M&A.
International Journal of Technology and Globalisation, 2011 Vol.5 No.3/4, pp.281 - 305
Published online: 18 Apr 2011 *Full-text access for editors Access for subscribers Purchase this article Comment on this article