One senior oil company executive close to BP said the partnership could similarly transfer know-how to Rosneft.
Eldora must have ownership in the Asian plant before transferring know-how, and the best approach is a joint venture.
When BMW and DaimlerChrysler build cars in South Africa, they transfer know-how to their local suppliers.Big countries can lure foreigners with the prospect of, say, putting their personal organisers in a billion Chinese palms.
China, it is said, will have a massive foreign exchange surplus for the foreseeable future, gobbling up natural resources producers in Australia, Africa and Latin America, buying U.S. technology companies to transfer know-how back to China, and using an open checkbook to pick up big stakes in famous European brands.
IBM, meanwhile, is setting up a unit in China with 400 employees to cater purely to the country's appetite for software and services to manage its rail network efficiently.What foreign companies working with the Chinese understand is that in order to win these contracts they must transfer know-how by the shovelful.
Like a classic multinational, McDonald's management is trying to profit from the internationalisation of the system without thereby destroying the decentralised philosophy that has made it successful.An obvious way to do this is to transfer know-how from a developed market to a developing one.
In response to these problems the European project AgroChePack has developed an environmental friendly, economically viable European APPW management scheme by transferring know-how from existing schemes, designing a new integrated APPW management scheme and testing it through pilot trials in five countries.
Fortunately, guided experience can deliver two benefits simultaneously and thus is not as costly as it might seem: first, a lasting asset in the form of transferred know-how, and second, delivery of a new business process, product idea, or capability.
