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Investment and Technology Policies for Competitiveness: Review of successful country experiences

This paper was prepared for UNCTAD by Sanjaya Lall from Oxford University. Lall analyses the role of foreign direct investment in the transfer of technology, the development of technological capabilities and competitiveness in developing countries.

Lall adds that the important role of foreign direct investment in technology transfer, but observes that the latter should be optimised and complemented by adequate acquiring countries' policies for technological development.