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Technology Transfer Into China: Preparing For A New Era, Arnoud De Meyer
Technology Transfer Into China: Preparing For A New Era, Arnoud De Meyer
Research Collection Lee Kong Chian School Of Business
Currently, there are three forces creating a more favourable background for western multinational companies to do new business in China by transferring new technology. First, growing overcapacity means China requires not traditional turnkey factories, but instead, technology which leads to innovation and improvement. Second, a changing attitude by all levels of Chinese government to demanding state-of-the-art technology including software instead of previous generation technology, and to technology management and commercial implementation more. Third, intellectual property rights are becoming better respected. The author makes suggestions to best manage technology transfer into China, with this changed background. Based on six case studies …