In this aspect and methodology of China to gain technology transfer is way to open its door to foreign investors and have partnerships with them and have access to technologies that once they don't have. The west possesses advanced technologies and for China to gain global power in industries they need, first it must have technologies, whether gained from partnerships and by espionage or piracy.
The subsequent article is an abstract of undertanding from the viewpoint shown about technology transfer by China from European perspectives.
"This paper examines the question of technology transfer from the perspective of techno-economic security and how companies respond to the possibility of losing competitive advantage through misappropriation or leakage. It explores transfers from Europe to China and addresses in particular the operations of Scandinavian companies within the context of the general picture for other European firms. Its point of departure is the authors' earlier research that looked at the motivations for transfer and the awareness of companies of techno-economic security issues. This has been supplemented by new data gathered by the authors from a number of Scandinavian companies in China. Specific actions have been identified and the ownership issue is introduced together with consideration of the role of the companies against the ‘Ferdows’ model. The analysis shows that the nature of the security question has changed together with the evolving context in which the companies are operating. In turn, the response of companies is contingent on a number of factors including the time horizon of the strategy for a unit in China and the nature of the strategy. It is also influenced by the form of ownership and management style in a particular organisation."---PeterBruun DavidBennett
In this manner, the government may consider the way China did it to conquer technological problems for our industries needed, most specifically car manufacturing today, which is the bulk of foreign reserves that are lost due to it.
The situation of our National debt which is staggering to 6.5 trillion already is something that is alarming to mull industrialization and becoming self-reliant. Actually we are already losing 42 percent of our GDP for foreign debt services already, and as there's nothing left for the government to operate satisfactorily, the monetary conditions of our losing peso currency makes the problem even worse that in every increment of falling rate, will result to hundreds of millions of dollars losses then. While the continuing borrowing of the country of foreign loans specially that coming from China is a grim path to further sank the country to more of its financial troubles.
The subject here raise about the conduct of having technology transfers through foreign partnerships specially in industries that will bring it that technology needed mus be done by the government in preparation for the industrialization of the country.
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