Cited by 1,464International Business and FDIInnovation and Knowledge ManagementGlobal trade and economics

Technology Transfer by Multinational Firms: The Resource Cost of Transferring Technological Know-How

Teece, D. J.·1977·The Economic Journal

Abstract

D. J. Teece; Technology Transfer by Multinational Firms: The Resource Cost of Transferring Technological Know-How, The Economic Journal, Volume 87, Issue 346, 1

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Crossref · 10.2307/2232084

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  • These transfer costs declined with each subsequent transfer and with the experience of the recipient.

    “These costs declined with each subsequent transfer and with the experience of the recipient of the technology.”
  • Empirical studies of technology transfer support the proposition that characteristics of knowledge determine the costs and mode of transfer.

    “Empirical studies of technology transferclearly support the proposition that the characteristics of knowledge determinethe costs and mode of transfer.”
  • Technology is not a public good; Teece estimated transfer costs range from 2% to 59% of total costs of the twenty-seven projects he analyzed.

    “In a seminal paper, Teece [1977] established that technology is not a public good, estimating the costs of transfer to range from 2% to 59% of total costs of the twenty-seven projects he analyzed.”
  • Teece found that the principal determinants of transfer costs are previous experience with transferring the technology, the age of the technology, and the number of firms using similar technologies.

    “As cited earlier, Teece [1977] found that the principal determinants of transfer costs are the degree of previous experience with transferringthe technology, the age of the technology, and the numberof firms using similar technologies.”

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Authors
Teece, D. J.
Affiliations
Stanford University (US)
Corresponding author
Teece, D. J.
Venue
The Economic Journal
Published
1977-06
Volume
87
Issue
346
Pages
242
ISSN
0013-0133 (ISSN-L)
OpenAlex
W3021371381
Cited by
1,464
References
0
Citations by year
2026: 33 · 2025: 28 · 2024: 30 · 2023: 38 · 2022: 24 · 2021: 39 · 2020: 45 · 2019: 43 · 2018: 58 · 2017: 44 · 2016: 49 · 2015: 45 · 2014: 65 · 2013: 59 · 2012: 71
FWCI
29.77
Type
journal article
Language
en
Open access
closed
Locations
The Economic Journal (publishedVersion)
Topics
  • Social Sciences › Business, Management and Accounting › Strategy and Management › International Business and FDI
  • Social Sciences › Business, Management and Accounting › Strategy and Management › Innovation and Knowledge Management
  • Social Sciences › Economics, Econometrics and Finance › General Economics, Econometrics and Finance › Global trade and economics
Keywords
technology transfer, multinational corporations, technological knowledge, resource costs, international technology diffusion

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