TECHNOLOGY TRANSFERRING CONTRACTS IN EGYPT COMPARED TO KINGDOM OF SAUDI ARABIA EXPERIENCE

Abstract

Purpose: This study deals with the conflict between the major industrialized and developing countries regarding transfer of technology and the concept of technology transfer contract for suppliers. The research highlights how this concept differs between the supplier countries and those importing the technology. The research shows the legal nature of technology transfer contracts and the extent to which developing countries contribute to bridging the gap between the countries supplying and importing technology and whether it is used as a tool by industrialized countries to deepen the gap of economic and political dependence and impose their influence on the countries importing this technology. It sheds light on the experience of the Arab Republic of Egypt compared to the Kingdom of Saudi Arabia. Method: This research relies on the descriptive analytical approach in addition to the comparative method to obtain the best results. Results: This research concluded several results; the most important of them is that the technology transfer contract in industrialized countries affects the political and economic dependence of importing countries, especially developing countries, including Egypt and Saudi Arabia. It may also lead to a doubling of public debt, which reinforced by the absence of domestic and international legislation regulating the provisions of this contract. Conclusion: Based on the findings of the research, one of the most important recommendations contained therein is to reach a consensual formulation of these contracts at the international level to ensure the rights of parties and prevent the encroachment of one on another.