Technology transfers have also been a large part of China’s strategy, which results in large firms voluntarily transferring IP in exchange for large contracts. It’s unfortunate that in many other places, we’re still doing lowest bidder private contracting plagued by cost overruns.
Technology transfers have also been a large part of China’s strategy, which results in large firms voluntarily transferring IP in exchange for large contracts. It’s unfortunate that in many other places, we’re still doing lowest bidder private contracting plagued by cost overruns.