Law Studies
Mostafa Elsan; Mehdi YousefiChehreghani
Abstract
Foreign investment contracts are one of the major ways to absorb the technology in oil and gas industry. Studies show that governments and investing companies prefer to gain more profit and control economic resources and political influence by investing financially and technically in developing countries ...
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Foreign investment contracts are one of the major ways to absorb the technology in oil and gas industry. Studies show that governments and investing companies prefer to gain more profit and control economic resources and political influence by investing financially and technically in developing countries than to buy foreign technology and intellectual property rights directly. On the other hand, for developing countries, the sum of foreign capital and technology within a contract is a great opportunity for advancement provided that the technology transfer is chosen with due regard to the country’s needs, requirements, and economic future. In this work, after examining the relationship between investment and technology transfer and its various methods in oil and gas industry, we will analyze the constraints on and the barriers to technology transfer through foreign investment in developing countries, including Iran, and provide a solution.