The United States has an excellent history of technology transfer, but China is lagging far behind, and is lagging far behind in many regards. This has become a very serious issue, as we are running out of time to get our goods to market, and our economy is in shambles. In fact, some economists believe that we may hit economic calamity in two years, three years, if we don't do something about this problem. That is why the issue of how do you create a good technology transfer tool is so very important. To understand how to do this, it is necessary to understand what technology transfer is, and what makes it so good. When someone in the United States takes an idea, innovation, or invention from somebody else in the world, they are technically transferring those rights to that person, to enable them to develop that technology, product, or innovation into the marketplace. For instance, an agricultural innovator in America could transfer his idea for new pesticides into China, where farmers make their bread. This is a very basic example and illustrates why such international technology transfer is so important. We could have all of this new information, inventions, and pesticides all over the world, and still not be able to use them all. It simply isn't possible. Read here to learn about the Cayuse Inventions platform.
Now, let's take China, for instance, and how they are developing their economy. China has no shortage of people with good ideas, but they lack the infrastructure to make those ideas profitable. The great thing about China, however, is that because they are a developing country, they have access to all sorts of new innovations, and they are able to figure out how to make those ideas pay in the market. Because of that, they are putting these ideas to use, and they are doing well. Now, think about India, another great nation. India is now the world's biggest manufacturer of computer equipment. If you will recall, when India opened up its doors to the world, it was offering the world the largest market for computers. Because of this, I believe India would do very well if we allowed them to stay competitive.
Last, but certainly not least, consider South Korea, an Asian country. In recent years, they have become one of the strongest economic and technological centers on the planet. Because of their size and economic potential, they can easily absorb any technology transfer tool we give them. So, what if we gave them a technology transfer tool that allowed them to develop software and hardware that became readily available to other nations, at very low costs? Well, they could quickly become the world's strongest nation, and also the most technologically advanced nation on the planet. Now then, consider the future of the US-ASEAN relationship, and the impact it could have on your own nation. Do you really want to continue to do business with a country that doesn't use its fair share of technology transfer tools, and that doesn't have an efficient internal system for sharing information? Indeed I hope you will please consider all this and think on it.
To know more about this topic, read here: https://www.encyclopedia.com/social-sciences/applied-and-social-sciences-magazines/technology-transfer.