The article concerns the transfer of technology to the least developed countries. In the theoretical part, the variants of technological dependency of the given country from abroad are analysed. There are also examined the possibilities of improving the technological level of a given country with the aid of technology import. At the beginning, the main channel of technology transfer must be import of machinery and equipment. To make this channel work effectively many conditions must be fulfiled and this appears to be difficult in case of LDC. The Foreign Direct Investments can contribute positively to increase the efficiency of this technology diffusion channel. In the empirical part of the article the volume and channels of technology transfer to the LDC are analysed. The statistical data corroborate the predominant role of machinery and equipment and marginal role of licences. The import of machinery and equipment, however, does not contribute sufficiently do technological upgrading of the LDC. The foreign investors and the LDC themselves are guilty for this.
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