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Technology and economic dependency: an institutional assessment

Conference · · J. Econ. Issues; (United States)
OSTI ID:6800901
The theory of Thorstein Veblen that necessity dictates invention is expanded to include the diffusion of technological advances to other countries. This concept is examined in the context of technology transfer from economically developed to developing countries. The interaction of economics, politics, and technology are traced and the point made that policies aimed at self-sufficiency or small-scale applications may tend to isolate an underdeveloped country from the mainstream of world progress. A restructuring of world economic and political relations would be required to change the technological interdependence that exists today. 13 references.
Research Organization:
Univ. of Houston, TX
OSTI ID:
6800901
Conference Information:
Journal Name: J. Econ. Issues; (United States) Journal Volume: 12:2
Country of Publication:
United States
Language:
English