How Technology Expands Global Business Opportunities
What is $99B
This term describes the benefit of combining U.S. manufacturing and technology with foreign rail expertise, while leveraging advanced smart-rail technologies like 5G and sensors.
What is a comparative advantage
Partnering internationally through this type of business arrangement allows a company to access local markets, earn licensing revenue, and develop local supply chains.
What is a joint venture
By combining U.S. manufacturing and technology with foreign rail-system expertise from countries like Japan or France, companies can enhance this aspect of international operations, making projects more efficient and innovative
What is global collaboration