Multinational Companies In China The Technology Strategy And Countermeasures

Since the 1990s, the swift and violent expansion of the trans-corporation has become the most remarkable phenomenon in the economic development of the world. The trans-corporation has promoted effectively the revolution in science and technology throughout the world and the formation of the global economic integration pattern. At the same time, it has promoted the international economy to enter a new developing era. With a monopoly it holds on technology, the trans-corporation has already become the innovator of most of the advanced and front technology in the world, as well as the subject of the transformation and diffusion of technology. At present, the technological volume of trade by the trans-corporations in United States, Japan and EU accounts for 97% of the global technological total volume of trade. However, with the rise of the knowledge economy in the global range and the aggravation of competition in international market, the trans-corporations face new challenges in existence and development. Under the new situation, the trans-corporations must keep the technological advantages and strengthen it more forcefully than ever before so as to ensure its leading position in technology. Therefore, technological strategy becomes the key for the trans-corporations to succeed on the global market. Because of the fast growth of China's economy and the enormous potentiality of the Chinese market, China has become more and more important in the management strategy of the trans-corporations. The trans-corporation's technological strategy in China is the most important part of its overall investment and management strategy in this area. The essence of the implementation its technological strategy is to obtain the largest benefit, and the core is to keep the advantage of it technological monopoly. After China's entry into the WTO, the western trans-corporations have quickened the steps of entering China. By now, more than 400 of the largest 500 trans-corporations in the world have invested in China. With the constant increasing of its investment in China, the improvement of its scientific and technological content and technological grade, the trans-corporation adjusts its technological management strategy in China constantly. This adjustment has brought many opportunities for the development...