In this world many things can be shared, transformed and utilized which helps to the development of civilization, but knowledge is the rarest of rare wealth that cannot be stolen and it remains intact with a person until it is expressed. Once it is expressed, there is no guarantee how it is used and manipulated. To control this unauthorized use of technology several laws like patent laws, copyright laws etc were drafted all around the world. Knowledge is recognized as one of the capable resources for dynamic global business environment. (Sharif et al.)Technology transfer is not an easy issue it has potential to influence the political and financial relations of countries also. Multinational companies are having a rare opportunity to transfer the new technology to the developing countries. In recent times the link between the technology transfer and foreign direct investment through multinational companies became central plank of the issue in all international economics and economic growth debates.
Importance of technology transfer from MNC's to developing countries:跨国企业对发展中国家的技术转让的重要性：
Transfer of technology by Multinational Companies is considered as a boon to the developing countries. Every developing nation rather than depending on the cheap labor to develop economy should also focus on the intellectual capital and innovation capabilities. So there should be attractive polices from the government to make sure that multinational companies should co-operate to raise the research and development capability in the nation. Multinational companies are capable of technology diffusion, knowledge creation and research & development capacity (Worasinchai and Bechina 2010).
There are several means of technology transfer and mutual benefit is derived out of it for both the developing nations and the multinational companies. Some of the factors that have major impact upon the knowledge sharing mechanisms are firm characteristics, industrial characteristics and business models. During the last decade with the growing globalization spectrum, foreign direct investment's (FDI's) are coming to developing countries. Multinational companies are capable of creating new jobs thereby contributing to the development of economy and welfare of the region in particular. This will also improve the number of taxpayer due to improvement in the salary of the employees. This allows the government to spend this economic source in the areas of health care, education and infrastructure development (Bruce 1979).(责任编辑：BUG)