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

  • Choonjoo Lee*
  • , Bong Kyoo Yoon
  • , Hyuck Kim
  • , Won Joon Jang
  • *Corresponding author for this work
  • Korea National Defense University
  • Defense Agency for Technology and Quality

Research output: Contribution to conferenceConference paperpeer-review

Abstract

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.

Original languageEnglish
Title of host publicationPICMET '10 - Portland International Center for Management of Engineering and Technology, Proceedings - Technology Management for Global Economic Growth
Pages2734-2745
Number of pages12
StatePublished - 2010
EventPortland International Center for Management of Engineering and Technology - Technology Management for Global Economic Growth, PICMET '10 - Phuket, Thailand
Duration: 2010.07.182010.07.22

Publication series

NamePICMET '10 - Portland International Center for Management of Engineering and Technology, Proceedings - Technology Management for Global Economic Growth

Conference

ConferencePortland International Center for Management of Engineering and Technology - Technology Management for Global Economic Growth, PICMET '10
Country/TerritoryThailand
CityPhuket
Period10.07.1810.07.22

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