Use this URL to cite or link to this record in EThOS: http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.523723
Title: The role of project financing in promoting transfer of technology (for the microelectronics industry in Indonesia)
Author: Djojosugito, Reza Adirahman
Awarding Body: London School of Economics and Political Science (University of London)
Current Institution: London School of Economics and Political Science (University of London)
Date of Award: 2008
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Abstract:
The thesis of my work is that the project finance can be the vehicle of conducting transfer of technology in the microelectronics industry in Indonesia. I present this thesis by explicating five issues facing the microelectronics industry in Indonesia: the unique nature of the microelectronics industry; the process of transferring tacit knowledge in the industry; the legal complication on the transfer and learning process; possible role of project finance in encouraging transfer and the acceptability of project finance structure in Indonesian legal system. My argument starts with the notion that the transfer of technology in the microelectronics industry necessitates the creation of network among the design and fabrication industries considering the competition in the microelectronics industry. its particular characteristic and the possibility of developing country such as Indonesia to enter the field. Having highlighted this argument, I then argue that from legal point of view, project finance is the best structure to encourage transfer of technology due to insufficient basis for legal protection; complexities in the manufacturing process which involves a great deal of untransferable tacit knowledge and confidential information; and the fact that the microelectronics technology possesses some characteristics which are different from any object of intellectual property. The successful application of project finance structure fosters the transfer of tacit knowledge of the technology and preserves the sustainable possession of the technology. Further, I argue that the structure is within the ambit of Indonesian law despite the fact that some legal constructions necessary for the structure are often presumed as alien under Indonesian law. Finally, I claim that the project finance structure incorporates the values inherent in Indonesian society through proving the linkages between project finance, Islamic finance and adat laws. For these reasons, I conclude that the acquisition of microelectronics technology in Indonesia is best conducted through employing project finance structure.
Supervisor: Not available Sponsor: Not available
Qualification Name: Thesis (Ph.D.) Qualification Level: Doctoral
EThOS ID: uk.bl.ethos.523723  DOI: Not available
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