The aim of the paper is to assess the conditions of international technology transfer in low- developed economies and the possibility of its dynamism through the use of appropriate institu- tional factors. The implementation of this objective required critical analysis of the subject litera- ture and a number of studies carried out in low-developed countries. The conducted assessment indicated that the ability of enterprises to transfer technology is one of the indicators of innova- tion in the aspect of a faster process of technological convergence. Thus, the creation and use of conditions for technology transfer is of special importance through the increase in R&D outlays, the development of institutional infrastructure, and the creation of cooperation networks includ- ing international economic entities. Abandoning this type of activities, especially in the era of in- creasing openness and economic liberalization, may slow down the reduction in the development gap of the low-developed countries.
