Decisions are made based on capital requirements. If you do not have the money to develop a new, expensive product, your options are to not do it, or to find partners. Access to capital is essential to grow the business and increase productivity; increasing productivity is easier when business is growing rather than downsizing. Growing the business in aerospace means expanding internationally. That requires partnerships, which are a way of life in many industries other than aerospace, such as automotive and electronics. They require highly skilled people to manage the technology so that you do not give it away. International partnerships may be difficult, but they are a way of life in the globalized economy.

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