Home > Term: screwdriver plant
screwdriver plant
A factory that only assembles a product, from parts that were produced elsewhere. When FDI consists only of screwdriver plants, the host country often objects that it employes only low-skilled workers and/or that it provides no technology transfer.
- Part of Speech: noun
- Industry/Domain: Economy
- Category: International economics
- Company: University of Michigan
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Creator
- Noroc
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