A review on technology transfer in context of multinational corporations

Since the world has evolved as a Global Village, new technological innovation
has become crucially important for sustaining market competition and gaining
competitive edge irrespective of size and sector of any organization.
Multinational Corporations mostly enjoying technologically advanced positions
play vital role in disbursing technological knowledge throughout firms globally.
This paper would enrich existing literature by observing different aspects
related to technology transfer and outlining the relationship between
multinational corporations and technology transfer that is, the role played by
MNCs in relocating technological knowledge worldwide. This review would
stimulate plots for prospective researchers to recognize and explain technology
transfers by multinational corporations specially focusing on the parties and the
process involved in intra inter-firm and intra-firm transfer of technology at the
same time.