The Transfer of Technology to China in the Nineteenth Century: The Role of Direct Foreign Investment
- 1 March 1979
- journal article
- Published by Cambridge University Press (CUP) in The Journal of Economic History
- Vol. 39 (1) , 181-197
- https://doi.org/10.1017/s0022050700096388
Abstract
The transfer of technology to China in the nineteenth century was carried out both by Chinese and foreigners. Given the half-hearted interest of the Chinese government in such activities, however, the role of direct foreign investment was enhanced. The profitability of such investments was determined not only by comparative costs and other conventional economic variables, but also by the interaction of each project with China's traditional system of political economy. The nature and importance of this interaction is examined by means of a number of case studies. The results emphasize the importance of cultural elements in the transfer of technology.Keywords
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