LEGAL ASPECTS OF TECHNOLOGY TRANSFER IN THE ENERGY SECTOR


Özkarslıgil A. T.

Ankara Hacı Bayram Veli Üniversitesi Hukuk Fakültesi Dergisi, vol.28, no.1, pp.1-23, 2024 (Peer-Reviewed Journal)

Abstract

The energy sector has undergone significant changes in recent decades, marked primarily by the liberalization of markets and the formation of regulatory bodies to facilitate market competition. The sector with greater technological complexity, more rapid changes, and more centralized R&D will tend to be driven more by foreign investors that control technology to be transferred. It is agreed that access to new technologies is a crucial factor in promoting development. Within the energy sector, technology transfer pertains to the transfer of capital goods, expertise, knowledge, and the acquisition of licenses for intellectual property rights. If energy technologies are transferred successfully into developing countries, benefits will accrue for developing countries and thus the world environment. This study considers the role of government policies to promote technology transfer within the energy sector and which of such measures prove to be successful and the leading barriers to transferring technology in developing countries and concludes with several policy recommendations to overcome these barriers.