Target 9.b: Domestic technology and industrial diversification
Support domestic technology development, research and innovation in developing countries, including by ensuring a conducive policy environment for, inter alia, industrial diversification and value addition to commodities
Owners voting their values help. Others must carry most of it.
Why shareholder democracy is helpful
The target centers on domestic policy environments in developing countries, set by their governments, with UNIDO recommending industrial policies for technology transfer and value addition. Multinational firms help at the margin through local R&D, licensing and joint ventures. Their lobbying on intellectual property and local-content rules can shape the policy environment. Shareholder votes have touched technology transfer directly. Oxfam-backed proposals asked Moderna and Pfizer to study the feasibility of transferring vaccine technology and know-how to producers in low- and middle-income countries. Those proposals drew 24 percent and 27 percent support in 2022. The votes show a real channel where a listed company holds the technology. Yet the broader policy environment the target names rests with developing-country governments, so owners help at the margin and are not on the critical path.
How this was scoredHelpful
Helpful. Owners voting their values help. Others must carry most of it.
We have not yet written down the two answers behind this rating. Recording them on every item, so a reader can check the reasoning and not only the conclusion, is work in progress.
Every rating is the higher of two answers, one for what companies do and one for what they spend to stop the outcome, because the same vote reaches both. See the full method.
Sources
- UNIDO publishes the Industrial Development Report (IDR) 2024, UNIDO, 2024-06-18
- End of Year Edition: Against All Odds, Global R&D Has Grown Close to USD 3 Trillion in 2023, WIPO Global Innovation Index blog, 2024-12-18
- Significant number of Moderna and Pfizer shareholders support vaccine technology transfer, Oxfam International, 2022-04-28
How this rating was made
Every item on every one of our maps is read against one question: how far does this depend on the people who own companies voting their values? We answer it twice, once for what companies do and once for what they spend to stop the outcome, and take whichever answer is higher, since the same vote reaches both. The score carries its reasoning and its sources so that a reader can check it rather than take it.
- Pivotal. Owners voting their values can deliver most of the outcome.
- Necessary. Owners remove an obstacle nothing else removes, and others must also act.
- Helpful. Owners voting their values help, and others carry most of it.
- Independent. This moves without owners. Other levers carry it.
The advocacy record on this page holds only what a source we opened says happened. Where we searched and found nothing, the page says so rather than leaving a silence. Where a campaign names a filer the source does not name, it says that too. Ratings are ours; the list of subjects is UN Sustainable Development Goals's, and we link to their original.
How we score dependency, in full.