Forced Tech Transfers Are on the Rise in China, European Firms Say
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Re: Forced Tech Transfers Are on the Rise in China, European Firms Say
#2I frequently think that the China is not actually the bad guy here. To me, tech transfer sounds like a good business practice. If I were going to spend billions of dollars buying something, I would seriously consider demanding the IP and know-how to make more of it myself in the future. That way I would have some assurance that my purchase wouldn’t become unsupported and this worthless and that I won’t get price-gauged once I’m locked in. Cough, Oracle, cough. And having one’s major purchases translate to economic growth seems entirely reasonable.
It seems to me that people mostly have problems with tech transfer because it appears to be the government mandating it. Maybe the right solution is for everyone else to start doing tech transfer, too.
Tech transfer to a limited extent for drugs in particular sound like a pretty good idea.
Re: Forced Tech Transfers Are on the Rise in China, European Firms Say
#3I frequently think that the China is not actually the bad guy here. To me, tech transfer sounds like a good business practice. If I were going to spend billions of dollars buying something, I would seriously consider demanding the IP and know-how to make more of it myself in the future. That way I would have some assurance that my purchase wouldn’t become unsupported and this worthless and that I won’t get price-gaug…
It removes much of the incentive to build new tech if you have to turn it over and let someone steal it.
I wouldn’t go into China with any proprietary tech as a foreigner.
Re: Forced Tech Transfers Are on the Rise in China, European Firms Say
#4I frequently think that the China is not actually the bad guy here. To me, tech transfer sounds like a good business practice. If I were going to spend billions of dollars buying something, I would seriously consider demanding the IP and know-how to make more of it myself in the future. That way I would have some assurance that my purchase wouldn’t become unsupported and this worthless and that I won’t get price-gaug…
It removes much of the incentive to build new tech if you have to turn it over and let someone steal it. I wouldn’t go into China with any proprietary tech as a foreigner.
EU and US should form a committee or even a court regarding China IP theft and should pursue act on this with full fury
Re: Forced Tech Transfers Are on the Rise in China, European Firms Say
#5Framing 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.
Re: Forced Tech Transfers Are on the Rise in China, European Firms Say
#6What’s kind of fascinating to me is that it’s the WSJ and FT reporting on this. Whereas if I go and browse a German paper, I get this:
https://www.spiegel.de/wirtschaft/unternehmen/handelsstreit-...
Re: Forced Tech Transfers Are on the Rise in China, European Firms Say
#7Had a conversation recently about all that.
People ask if the industry will wrap up and move from China.
I ask them in response: where would they run away to? Vietnam?
Vietnam's entire light industry output is like of one Dongguan's district.
India has a lot of workforce, tons of it, but the entire light industry ecosystem has to be built from scratch, or brought along with you.
They can't run away.
Re: Forced Tech Transfers Are on the Rise in China, European Firms Say
#8I 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
Re: Forced Tech Transfers Are on the Rise in China, European Firms Say
#9I frequently think that the China is not actually the bad guy here. To me, tech transfer sounds like a good business practice. If I were going to spend billions of dollars buying something, I would seriously consider demanding the IP and know-how to make more of it myself in the future. That way I would have some assurance that my purchase wouldn’t become unsupported and this worthless and that I won’t get price-gaug…
It removes much of the incentive to build new tech if you have to turn it over and let someone steal it. I wouldn’t go into China with any proprietary tech as a foreigner.
There's a happy middle ground here. Patents expire after 20 years and that's a form of tech transfer. Maybe China's 1 year is too short and the US' 20 years is too long?
Re: Forced Tech Transfers Are on the Rise in China, European Firms Say
#10What’s kind of fascinating to me is that it’s the WSJ and FT reporting on this. Whereas if I go and browse a German paper, I get this: https://www.spiegel.de/wirtschaft/unternehmen/handelsstreit-...
Isn't IP transfer abundantly mentioned at the end of the article?