Replacing tech of runaway firms not enough – Russian business lobby chief ...News

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Replacing tech of runaway firms not enough – Russian business lobby chief
Reverse engineering products and improving their designs is the way to enhance international competitiveness, Aleksandr Shokhin said It is not sufficient for Russia to simply reverse engineer the products of foreign firms which have fled the market amid the confrontation with the West, Aleksandr Shokhin, the head of the Russian Union of Industrialists and Entrepreneurs (RSPP), told RT on Wednesday. The replacements should be better, so that they can be internationally competitive, he said. The business lobby chief explained the “intellectual challenge” of improving upon Western designs on the sidelines of a forum

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