There was once a start-up which wanted to licence transistor technology. It was a time of exchange controls and the government of the start-up’s country refused to allow the start-up to send the $25k ($230k in today’s money) to the licensor. “The bureaucrats could not see the use for such a device and were not eager to ...
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from Electronics Weekly https://www.electronicsweekly.com/blogs/mannerisms/fable/fable-bureaucrats-tech-dont-mix-2018-08/
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