Economy & Business, Volume 16, 2022

Abstract: The main aim of this paper is to identify the main determinants of the international technology transfer between developed and developing nations. In this paper Germany is considered as the transferor and India and South Africa are considered as the transferees. In terms of methodology, a quantitative research method with the use of regression analysis by SPSS is implemented. The empirical findings reveal that the previous work of Cho and Shenkayo (2019) can be extended to other contexts. The findings support the “classic country-modern firm international trade theory” developed by Cho and Shenkayo for the case of South Africa but not India. The results will have major policy coordination for the developed countries to design their public and international policies toward the developing countries.