January 19, 2006 – The Organization for Economic Cooperation & Development recently announced that China has overtaken the U.S. as the largest exporter of information and communications technology goods.
U.S. producers should take notice that this is just one step in China’s aspirations to be a leading producer of indigenous technology in the global market. China has used a variety of strategies to gain production knowledge from the U.S. and other countries, including setting up joint ventures and aligning themselves with companies willing to transfer advanced technology.
Oded Shenkar, an Ohio State professor and author of The Chinese Century, has used a column on Businessweek.com to outline ways in which the U.S. can remain a top technology innovator in the global market.
Shenkar says the U.S. should put a renewed focus on education, as well as take more effective measures to prevent the Chinese from penetrating and copying our technology.
Read the entire article at Businessweek.com.