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In response it made a succession of foreign deals, mainly in Europe, in its area of electronics and engineering, with the main aim of gaining know-how and better products.
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According to Gonzalo Restrepo, Exito's chief executive, this deal was partly to gain capital to open new stores, but also to gain know-how.
Some experientially gained know-how might be involved, but it could generally be obtained by a wide variety of experiences in laboratories, medical establishments, or pharmaceutical companies.
Others suggest that, in the long term, movement to sustainable energy generation is inevitable worldwide and Germany will have gained know-how and expertise that will put it at the forefront of the change and create a new export industry for the country.
I don't just gain knowledge, I gain know-how.
"They'll hire local workers, and your population will gain know-how" -- nope, requiring local hiring would be prohibited under the TISA.
Finally, the relatively rapid turnover of businesses required by the limited life of a fund means that private equity firms gain know-how fast.
Gain know-how while navigating the system, locating approval letters, responding to IRB comments, and much more!
Gaining the know-how to launch a basic research program is exactly why Sarah Baum, postdoctoral fellow at the Vanderbilt Brain Institute, took the training module.
Much of Wali's early success is because she so far has been able to leap over some of the regular hurdles facing innovators in the region: A lack of access to capital, having a mentor to help develop a proper business plan, and gaining technical know-how to develop her idea into a product.
Others from the US are heading south to gain technical know-how.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com