Building a national wind turbine industry: experiences from China, India and South Korea

Abstract

This paper explores the strategies used by the domestic wind power technology companies in China, India and South Korea in order to understand how these countries have acquired and assimilated advanced technologies. It finds that the primary technology transfer and acquisition strategies utilised included licensing arrangements and Mergers and Acquisitions (M&A) that resulted in the transfer of technology ownership and partnerships for the joint development of new technology. As technology development becomes increasingly global, firms in the emerging economies can take advantage of their increasing access to technological know-how that was previously developed by and for the developed world.