this post was submitted on 01 Nov 2023
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> The blueprint was simple: duplicate successful US businesses, launch them in foreign countries and eventually sell them to the original company
Nothing new about copying business models from another country and bringing that back home. This probably happened in Roman times! More recently see the development of Japan after WWII. Many other examples. Chinese entrepreneurs copied the Silicon Valley model 20-25 years ago (of course now they have their own approach to tech sector).