![]() Equally fruitful are regular lines of communication, such as salesmen’s reports, trade magazines, newsletters, business conventions, trade fairs and exhibits, and contacts with suppliers. Some large retail chains, for example, employ corps of agents to check on prices and products of competitors by comparative shopping. A by-product of the technological revolution, industrial espionage is a reaction to the efforts of many businessmen to keep secret their designs, formulas, manufacturing processes, research, and future plans in order to protect or expand their shares of the market.Ī considerable amount of data on what the competition is doing comes from routine and undramatic sources. Industrial espionage, acquisition of trade secrets from business competitors. ![]() ![]() ![]() SpaceNext50 Britannica presents SpaceNext50, From the race to the Moon to space stewardship, we explore a wide range of subjects that feed our curiosity about space!.Learn about the major environmental problems facing our planet and what can be done about them! Saving Earth Britannica Presents Earth’s To-Do List for the 21st Century.Britannica Beyond We’ve created a new place where questions are at the center of learning.100 Women Britannica celebrates the centennial of the Nineteenth Amendment, highlighting suffragists and history-making politicians.COVID-19 Portal While this global health crisis continues to evolve, it can be useful to look to past pandemics to better understand how to respond today.Student Portal Britannica is the ultimate student resource for key school subjects like history, government, literature, and more.From tech to household and wellness products. Britannica Explains In these videos, Britannica explains a variety of topics and answers frequently asked questions.This Time in History In these videos, find out what happened this month (or any month!) in history.#WTFact Videos In #WTFact Britannica shares some of the most bizarre facts we can find.Demystified Videos In Demystified, Britannica has all the answers to your burning questions.Britannica Classics Check out these retro videos from Encyclopedia Britannica’s archives. Annual Report to Congress on Foreign Economic Collection and Industrial Espionage. Office of the National Counterintelligence Executive. government was that the gyroscopes could be used in missile guidance systems and smart bombs. The “espionage” concern expressed by the U.S. They apparently planned to export them to the PRC through a Canadian subsidiary of the Beijing company. It seems that the two business persons purchased the gyroscopes from a Massachusetts company. Exporting these gyroscopes to the PRC is prohibited by U.S. Two business persons, one a Chinese national who was the president of a Beijing company and the other a naturalized Canadian, pleaded guilty to charges of exporting fiber-optic gyroscopes to the Peoples’ Republic of China (PRC) without the required State Department permits. government in its 2001 Office of the National Counterintelligence Executive Report. Often, proprietary information includes R&D plans for a business or plans for emerging technologies.Īn interesting espionage case was reported by the U.S. Proprietary information is that generally not found in the public domain and for which the information’s owner takes special measures to protect it from getting into the public domain. Industrial espionage involves the undercover gathering of information about a company to acquire commercial secrets and thereby gain a competitive edge. Economic espionage involves the covert targeting or gaining of sensitive information that has financial, trade, or economic policy implications. government is worried about three types of espionage-economic, industrial, and proprietary. With increasing competition for limited resources, the business community projected these losses to intensify in the coming years.Īs is the business community, the U.S. The greatest losses, they noted, involved manufacturing processing and R&D (research and development) information. business community said that economic espionage cost them anywhere from $100–250 billion in lost sales. Sabotage is the act of using spies to gain information about what a government or a company does or plans to do.įor the year 2000, in particular, the U.S. For years the United States has been worried about becoming a target of foreign economic and industrial espionage.
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