it might be expensive because it would disrupt the company’s revenues. Another possible challenge in the area of technology is forced technology transfer. Forced technology transfer (FTT) is a phenomenon in which foreign enterprises are required to surrender their technologies to Chinese firms via a joint venture treaty to be allowed to enter the Chinese market. According to Prud’homme et al. (2018)
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China upholds strict FTT policies aimed at augmenting foreign-domestic technology transfer