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To: smolejv@gmx.net who wrote (33537)	5/12/2003 2:20:14 AM
From: Box-By-The-Riviera™	Read Replies (1) \| Respond to of 74559

we've been waiting for you to do that for at least a year. what's the rush now?

To: smolejv@gmx.net who wrote (33537)	5/12/2003 2:59:55 AM
From: elmatador	Read Replies (1) \| Respond to of 74559

<<Europe has a chance of a latecomer...>> “The German firm Siemens AG, typifies this valuable knack for capitalize on technological advances made by others. Its 1977 sales totalled $10 billion with about $1 billion a year earmarked for R&D — which is approximately one eight of the R&D expenditure for all German industry. Instead of allocating the R&D funds for research activities; Siemens applies the bulk of it for product development. Its applications know how and high technical competence are wide acknowledged, and it employs this strength to good advantage in acquiring and improving on ideas and developments from others. Siemens patented and improved version of Alexander Graham Bell’s telephone inventions has developed the second largest business in the company and the third largest supplier of telephone systems. With American technology acquired in the 1930s plus its own expertize in telegraphy, the company become a major supplier of telex machines, and in 1977 introduced new electronic teleprinter that has been selling at a rate of 50.000 units a year. In computers, Siemens employed licenseed technology from RCA in the 1960s and has since captured a 21% share of the mainframe market in Germany while IBM’s share has slipped from over 72% to 54%. “Siemens starts second but finishes first” Fortune, May 1978. Cited from Sherman Gee, “Technology Transfer, Innovation and International Competitiveness, New York, John Wiley and Sons, 1981. I went to a museum in Germany's Black Forest (yeah, in fact and went to buy wine made with the grapes the gow around the old volcano Kaiserstuhl) and looking to the music machines was an afterthought. The remarkeable craftsmanship to make those devices was required to make telex machines one of the most complex contraptions I ever seen. That I meatn by recycling your capabilities into something you can sell.