Seems like a reasonable thing to do
Forced Tech Transfers Are on the Rise in China, European Firms Say
61–66 of 66 posts
Re: Forced Tech Transfers Are on the Rise in China, European Firms Say
#62Isn't US carriers in Persian Gulf right now? It's the biggest hooligan in the world now
Re: Forced Tech Transfers Are on the Rise in China, European Firms Say
#63Epitome of lemming syndrome: OMG we have to setup shop in China so we can produce goods more cheaply. But if we do we're forced to give up the tech. Can we just not do that? But all our competitors are going to do it. Maybe invest in another nation or continent.
If by "lemming syndrome" you mean "tragedy of the commons", you're entirely right. This is exactly why either a concerted US government push-back is needed (as is occurring now) or an acceptance of the tech transference (as occurred before).
It's not 'tragedy of the commons', its a company assessing the value of their intellectual property, assessing the value of the China market/savings from manufacturing there and deciding 'the cost is worth it'.
Re: Forced Tech Transfers Are on the Rise in China, European Firms Say
#64Framing detector is on. I have an issue with the word "forced". Nobody is forcing you with a gun to your head. Don't want to be "forced" - don't go do business in China.
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Re: Forced Tech Transfers Are on the Rise in China, European Firms Say
#65Earlier quoted context omitted.
I think that greed is easier to manage when expanding into underserved & undercapitalized markets - in that environment most capital increase becomes an easily spread general improvement in life quality. When trying to balance inequality in well-capitalized, mature markets, you fundamentally have to trade one set of ownership against another on a much more frequent basis. To replace one set of capital investments wit…
So it’s like a new greenfield project vs dealing with legacy systems?
Yes, but instead of code and past technical decisions fighting against advancement, it's people with capital and interests in the status quo.
Re: Forced Tech Transfers Are on the Rise in China, European Firms Say
#66I remind you, developed WTO member countries are obliged to facilitate technology transfers to lesser developed countries by WTO charter. It might be a surprise to most HN readers, but that clause was put in WTO charter by... USA
Which is a good thing. A nice gesture by the USA. WHich is now being abused by a country that obviously being very antagonistic.