The technological revolution presents a massive barrier to the development of countries that do not have access to the cutting-edge systems enjoyed in the developed world. Technology transfer presents a real solution. Technology transfer is shown here to be much more complicated than the mere hand-over of new technology hardware to developing countries: it is about innovation and learning. Effective management depends on generating new knowledge and being able to react quickly and to change effectively. The book covers the practical issues of technology transfer, such as cost reduction, infrastructure and employee training. These are then combined with theories of innovation to identify the key stages in the process of technology transfer, achieving a working model of how such projects can be more effectively managed. Development through Technology Transfer uses company-specific examples to enrich an exploration of the complex and dynamic issues involved. The book will provide readers with the very first comprehensive guide to the subject and a solid foundation for the management of technology transfer to developing countries.