| Abstract: | Exports of technology by newly industrializing countries are an important development in the global economy. Foreign direct investment is one dimension of these technological trends. Multinational companies from Brazil, South Korea, India, Mexico, and other countries are currently operating in several markets around the globe. In the case of Brazil, exports of technology constitute an important step toward further diversification of exports and gains in global competitiveness. This article shows that Brazilian multinationals have engaged in the exportation of indigenous technology in areas where the level of sophistication is relatively high, encompassing a number of diverse industries, and showing a tendency to invest beyond its regional boundaries. © 1995 John Wiley & Sons, Inc. |
