Technology acquisition policy and value efficiency analysis on offsets in defense trade

Technology acquisition policy and value efficiency analysis on offsets in defense trade

Offsets trade is an essential part of all defense contractual arrangements. And each year, around 55 billion worth of arms sales are agreed and 120 billion value of defense offsets is executed. Defense offsets involve with acquisition policy mainly for the high-tech acquisition of importers. And sel...

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Hauptverfasser: Choonjoo Lee, Bong-Kyoo Yoon, Hyuck Kim, Won-Joon Jang
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Hyuck Kim
Won-Joon Jang
description Offsets trade is an essential part of all defense contractual arrangements. And each year, around 55 billion worth of arms sales are agreed and 120 billion value of defense offsets is executed. Defense offsets involve with acquisition policy mainly for the high-tech acquisition of importers. And sellers exploit further chances of business interests. The paper reviews the offsets trends and policy measures of the selected countries and compares the value efficiency of offsets among the nations that received offsets value from US. And it tries to analyze the efficiency gaps among the nations to derive the policy implications in terms of the possible influential factors.
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subjects Contracts
Economics
Industries
Investments
Procurement
Production
Technology transfer
title Technology acquisition policy and value efficiency analysis on offsets in defense trade
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