Abstract

Technology, in today's increasingly interdependent society, provides hope, values, and faith for mankind. It brings hope for bridging the gap between the haves and the have-nots; it is responsible for altering economic and social values; and it is the faith upon which the world of tomorrow is being built. Thus, the relationship between technology and the development of our societies is inextricably bound in a complex manner. This paper examines the problems of achieving technology induced socioeconomic progress, as well as the limitations of current national accounting practices. To integrate technological considerations into the national development planning process better technology measurement methodologies must first be designed. Secondly, to make the integration process more organic and effective “make-some and buy-some technologies,” based on the concept of an approach to development planning and using three technology domains (importing technology, traditional technology, and exporting technology) is needed.

Full Text
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