The Social Life of Nanotechnology by Unknown

Author:Unknown
Language: eng
Format: epub
ISBN: 1209529
Publisher: Taylor & Francis Group

Apart from Chinese nationalism, the motivations for this shift were both political and economic. The paper that announced the MLP noted that China’s reliance on the United States, Japan, and other economically advanced countries for key technologies posed a long-term threat to the country’s security. Moreover, although China had clearly benefited from foreign investment in terms of its large and growing foreign reserves, it had not realized significant technology transfer, nor reaped the lion’s share of the profits:

If you want to get to the bottom of indigenous innovation … for every Chinese-made DVD player sold, the Chinese manufacturer must pay a large royalty fee to the European or Japanese companies that patented various components of the unit, such as its optical reader. These foreign firms reap substantial profits, but the Chinese take is extremely small— and is shrinking further as energy, labor, and commodity prices rise. Policymakers in Beijing, looking to strengthen China’s economy, are no longer satisfied with the country’s position as the world’s manufacturer. Their solution is to break China’s dependence on foreign technology, moving from a model of “made in China” to one of “innovated in China.” (Segal, 2010)

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