| dc.description.abstract | Technology is an integral part of the construction industry and a dominant factor
related to cost. Most of the modern materials, plant, equipment and services are
innovated by developed countries and their aim is transferring them through
funding facilities to other countries. Sri Lankan government intends to obtain
foreign funds in order to develop most of the infrastructure and buildings in order
to cater for economic growth and living standards which would result in some socio economic issues in the present situation. One of the positive outcomes on foreign
funding is the technology transfer. The study aims to define the potential impacts
and to assess them to cater for better decisions in future endeavours. The direct
population was stakeholders who are in construction projects and selected
sampling (experts) was by snowball technique. Quantitative and qualitative
methods were applied for data collection in the mode of questionnaire and semi structured interviews. The SPSS computer software was applied in order to check
validation of data and to give reliability of findings. The content analysis had been
used for synthesis evaluation. The literature review shows positive effects as well as
potential negative effects on foreign technology transfer on other countries as well.
The outcome of findings reveal that arrival of modern goods, latest methods of
execution, sophisticated computer software modelling and simulating, innovative
management procedures as consequences of the positive impact. Development in
supported industry (example, e-commerce in legal trade) and upgrading is required
on education on theory and training, the lack of which derives a negative impact on
technology transfer. Finally, the recommendations have been put forward to
minimise the areas with potential negative impact and to identify more cost
opportunities in positive impact areas in stakeholders’ future projects. | en_US |
