How Technology Expands Global Business Opportunities
What is $99B
91% of U.S. households have at least one of these, though Millennials and Gen Z are less likely to own them than previous generations.
What is a car?
To ensure long-term stability, high-speed rail advocates call for consistent funding from these two levels of government.
What are federal and state governments?
A U.S. high-speed rail system would require massive investment in these physical components — including tracks, stations, maintenance hubs, and power systems.
What are dedicated high-speed tracks, station development, maintenance/service facilities, and electricity systems?
Building a nationwide high-speed rail system could cost an estimated $4 trillion and require this kind of transformation of existing infrastructure.
What is a massive overhaul of current transportation networks?
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
Interest in these alternatives has increased since the COVID-19 pandemic, especially among younger generations.
What are alternatives to car ownership (like biking, public transit, or ride-sharing)?
Incorporating uncertainty into financial models and maintaining federal oversight are key strategies for managing this type of risk.
What is financial and economic risk?
Efforts to expand high-speed rail in the U.S. face these challenges — ranging from local opposition and funding issues to land and policy hurdles.
What are cultural, financial, land acquisition, and policy barriers?
Concerns about community displacement, land disruption, and conflicts with America’s car culture highlight this category of risk.
What are social and cultural risks?
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
Although 75% of Americans link this form of travel to reduced emissions, many still prioritize the autonomy of driving.
What is public transit?
Including local communities in the planning process helps reduce opposition and provides these social and economic benefits.
What are jobs and community engagement opportunities?
To accelerate development, U.S. planners look to global partners like Siemens Mobility and Japan’s JR Central for these two key contributions.
What are manufacturing partnerships and technology transfer?
To ensure long-term stability, planners emphasize consistent federal and state funding, clear oversight, and financial models that account for uncertainty in this area.
What is managing financial and economic risk?
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
One major challenge to developing public transit in the U.S. is the lack of this type of organization to coordinate operations nationwide.
What is a single overseeing institution?
Based on similar projects like California’s, the development of a national bullet train network could take this many years to complete.
What is 10 to 30 years?
Public-private partnership models, often called PPPs, are being considered as a solution for this key aspect of high-speed rail development.
What is financing the rail system?
Including local voices in the planning process and providing jobs to affected communities are key strategies for managing this.
What is managing social and cultural risk?
What types of communication systems does the US have a comparative advantage in?
What is 5G and 6G and sensors
Local opposition to rail projects often arises from these concerns—such as noise, property impact, and community disruption
What are local resistance and funding disagreements?
What is an issue that may arise governmentally that can impede construction of a high speed rail?
What is lack of funding? Also acceptable land acquisition, operating in different jurisdictions, and recurring changes in leadership
To make tickets easily available, advocates propose integrating rail access with Amtrak and airlines, using online platforms and phased rollouts to do this.
What is build familiarity and create early success?
The U.S. bullet train network could take 10 to 30 years to complete, ultimately serving this broad target group.
Who are commuters and the general public?