Export rules for computers are softened: President ties easing of sale of high-tech goods to ending of Cold War
Article Abstract:
Pres George Bush lifts prohibitions against the sale of advanced computer systems and other technological products to former Soviet-bloc nations. Bush noted that changes in the strategic environment of the region and the beginnings of democracy in former communist nations makes the sales possible. One change is the elimination of licensing requirements for almost all high-tech products sold to Western Europe, Australia, Japan and other nations that cooperate with the US in controlling shipments of goods to unstable or unfriendly nations. Additionally, it will be easier for US firms to ship multiple products to foreign destinations under a single license. Items that will still require government licenses before being shipped to Eastern Europe are supercomputers, night-vision equipment and equipment that can be utilized to make nuclear weapons. US computer industry leaders welcome Bush's actions, saying that it is time to open up the market to Eastern Europe.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1992
User Contributions:
Comment about this article or add new information about this topic:
White House, reversing policy under pressure, begins to pick high-tech winners and losers
Article Abstract:
The Bush administration continues to advocate free-market economics, but the administration is actually beginning to shift its policies. The White House is backing programs in Congress to subsidize various technologies, including supercomputers, software, electric cars, biotechnologies and materials-processing industries. According to one observer: 'There's an industrial policy; it's just disguised.' The administration's policy change reflects pressure from both businessmen and Congress, and it reflects fears that the US is losing out in competitions with Europe and Japan. The White House needs to find a way to help the nation's industries, but the way must be 'politically correct.' So far, technologies that are in the early stages of their development, requiring years of work, seem acceptable, but technologies that are nearly ready for commercialization are not.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1991
User Contributions:
Comment about this article or add new information about this topic:
Panel urges civilian technology agency to help U.S. manufacturers regain edge
Article Abstract:
The US Office of Technology Assessment, a congressional agency, recommends creation of a civilian technology agency as a way to help US manufacturers regain their competitive edge in global markets. The agency's report will strengthen the arguments of those who advocate closer government-industry cooperation in strategic fields such as semiconductors and high-definition television (HDTV). Sen Donald Riegle (D., MI), chairman of the Senate Banking Committee, endorses the report, saying that a 'Team America approach' could work again as it did earlier in the space program. The Bush administration disagrees, asserting that a direct government role in the economy smacks of 'industrial policy.' The government, cautions the administration, is not smart enough to 'pick winners or losers.'
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1990
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Wang Labs names computer novice president and chief operating officer. Ian Diery resigns post at Wang Labs; move was expected
- Abstracts: Apple Computer slashes prices on its portable. PC makers try to ease shock of a slowdown. Pricing in PC market turns vicious; slack demand stirs deep cuts from retailers
- Abstracts: Ambitious start for a computer research group. IBM and Rogers to study better transfer of data
- Abstracts: Motorola to unveil computers, launch ad blitz in bid to make name in industry. Motorola to launch line of multi-user computers today
- Abstracts: Lotus spreadsheet to run on IBM's mainframe units. Transarc Software may lend a hand to smaller firms