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The potential for technology and knowledge transfers between foreign and local firms: A study of the construction industry in Ghana
Institution:1. Lebow College of Business, Drexel University, Philadelphia, USA;2. College of Business Administration, Northern Border University, Arar 91431, Saudi Arabia;3. Department of Business Administration, College of Science and Humanities in Slayel, Prince Sattam bin Abdulaziz University, Saudi Arabia;4. Institute of Business Research, University of Economics HCMS, Viet Nam;5. Institut Supérieur de Gestion de Gabès, Gabès University, Gabès 6002, Tunisia;6. University of Sousse, Sousse, Tunisia;7. ESC de Tunis, Manouba University, Manouba, Tunisia;1. Faculty of Economics and Management, East China Normal University, Shanghai 200062, China;2. Institute of Water Policy, Lee Kuan Yew School of Public Policy, National University of Singapore, 259770, Singapore
Abstract:Multinational corporations (MNCs) and other foreign firms can be conduits for technology and knowledge (T&K) transfer to host countries in the developing world. Most of the existing research focuses on T&K transfers through FDI and are drawn from Asia not Sub-Saharan Africa (SSA), although SSA is increasingly receiving foreign investment. There is a paucity of research that gives insights into project-level T&K transfer issues in SSA countries. Using the Ghanaian construction industry as an empirical focus, this article explores T&K transfer potential. The findings reveal significant weaknesses in T&K transfer across industry subsectors and between foreign and local firms. This arises from the potentially complementary but dissimilar resource and knowledge bases. The weaknesses are compounded by the absence of coherent government T&K development policies.
Keywords:FDI  Technology and knowledge transfer  Construction firms  Africa  Ghana
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