Science and Technology Studies Commons^™

Technology Development: Were The Developing Countries On The Wrong Track During The Last Three Decades?, C V S Ratnam

IIMB Management Review

Since the end of World War II, the tremendous development of technology, and its application in producing goods and services in abundance continued to make life of human beings satisfactory. In this effort, countries in Europe, the USA and later on Japan made great progress. Witnessing these developments, developing countries in Asia, Africa and Latin America made efforts to encourage pursuit of science and technology and their applications for the establishment of industry, and production of goods and services for their people. However, advances that had taken place in countries in Europe, the USA and Japan did not come about …