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Case against exporting U. S. technology

Journal Article · · Res. Manage. (N.Y.); (United States)
OSTI ID:5098978
Dependent on technology to remain competitive in world markets, the U.S. is not serving its own best interests by exporting capital-intensive technology to developing countries, Mr. Winpisinger feels. The benefits from investing public funds in the education of a skilled work force and in the research and development of technology have been given to the private corporations to exploit. Rather than retain the technology, national policies have allowed corporations to pass jobs and profits to other countries where wages are lower. At the same time that industry demands tax breaks to raise capital, it is investing a quarter of its capital overseas. Early transfers of technology were associated with unskilled production, but present transfers include sophisticated machinery, technical jobs, and management skills. The result is unemployment in the U.S. and exports to developing countries that are not as beneficial as small-scale technology would be.
OSTI ID:
5098978
Journal Information:
Res. Manage. (N.Y.); (United States), Journal Name: Res. Manage. (N.Y.); (United States) Vol. 21:2; ISSN RESMA
Country of Publication:
United States
Language:
English