Change (UNFROCK). But given the substantial progress made ‘n China and India with regard to building innovation capabilities and green industries. How relevant is the UNFROCK model of technology transfer for these countries? How much mileage is left in (the concept of) technology transfer? In order to examine this. The paper seeks insights from three green technology sectors in both countries: wind power, solar energy and electric and hybrid vehicles. We examine developments at sector level and at the micro-level, focusing on key national champions in each sector.
We find that conventional technology transfer mechanisms such as trade. Foreign direct investments and licensing were important for industry formation and take-off. As these sectors are catching up, a range Of other mechanisms have become increasingly important, including endogenous technology Creation. Global networks and acquisitions Of firms in the West We argue that there is limited practical and analytical mileage left in the conventional.