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"If we do this efficiently, we can export technology to other countries that need to be regulated properly," he said.
It also exposed Washington's deep ambivalence about information technology: while it champions the free flow of ideas in closed societies like Iran, it fears being a target for cyber-attacks by hostile governments and doesn't want to export technology that could be diverted into military uses.
Whilst the US would deliver financial assistance and open up its markets, Japan would export technology and carry out foreign direct investment projects to Taiwan and South Korea (Halevi 1998).
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Too many western companies simply export technologies and expect to take home the lion's share of the profit, he argues.
"Israel is a country that relies on exporting technology, and that has weakened considerably," Mr. Nabi said.
In recent years, it has finally begun to diversify, and now tops that of California in exporting technology, from semiconductors to communications equipment.
Such a forum could promote a transatlantic market by drawing up common rules on exports, technology transfer, state aid and shareholdings.
Mr. Xi later acknowledged in a forum with business leaders that he had heard the complaints, but that China had its own demands of the United States, particularly concerning American restrictions on exporting technology.
Africa is now exporting technology and innovation that has the potential to impact the U.S. The solar-powered BRCK Wi-Fi device, developed in Kenya, helps connect people in internet dead spots on five continents.
The major disadvantage of exported technology is that they are usually focused on a specific health issue and often lack comprehensiveness.
That's why we shouldn't be exporting technologies to the developing world that will take people off the land.
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