Transfer of technology to Latin America

The acquisition of foreign technology is an imperative requisite for the economic and social progress of developing countries. However, the strong bargaining position of technology suppliers vis a vis technology acquirers unduly influences the terms and conditions under which technology is conveyed to developing countries and perpetuates their dependence on foreign sources of technology.State intervention, through the enactment of technology transfer legislation, is a viable alternative for strengthening the acquirer's bargaining position, and thus obtaining technology under fair and equitable terms. Technology transfer policies must focus on the generation of indigenous technological capabilities, rather than on the mere importation of consumptive technology. In order to achieve their ultimate goals--social and economic progress and technological self-reliance, developing countries' governments must integrate these policies within concrete and long-term economic development programs