A Review on Technology Transfer in Context of MultinationalCorporations

Since the world has evolved as a Global Village, new technological innovationhas become crucially important for sustaining market competition and gainingcompetitive edge irrespective of size and sector of any organization.Multinational Corporations mostly enjoying technologically advanced positionsplay vital role in disbursing technological knowledge throughout firms globally.This paper would enrich existing literature by observing different aspectsrelated to technology transfer and outlining the relationship betweenmultinational corporations and technology transfer that is, the role played byMNCs in relocating technological knowledge worldwide. This review wouldstimulate plots for prospective researchers to recognize and explain technologytransfers by multinational corporations specially focusing on the parties and theprocess involved in intra inter-firm and intra-firm transfer of technology at thesame time.