Reverse engineering

Examples of Reverse engineering in the following topics:

• Unfair Competition Argument

  • On a global scale, however, it is quite common for developing nations to copy new technologies via reverse engineering.

• The Stock Exchanges

  • At the same time, an engineer in Florida decides to use some of his savings to buy 100 GM shares, so he calls his broker and places a "buy" order for 100 shares at the market price.
  • In the end, the schoolteacher gets her cash and the engineer gets his stock, and both pay their brokers a commission.

• Introduction to Provisioning

  • Wrights' powered flight depended on the existence of internal combustion engines, bicycles, fabric, gliders, metallurgy, and a host of other items.

• Objective, constraints and alternatives

  • The CEO may want to maximize profits while the Vice president of engineering may want to minimize the cost per unit and the person in charge of marketing may want to maximize the growth in sales or market share.

• Technology

  • The discovery of a calendar or the realization that crops can be planted on a three field rotation may be as important as the invention of the padded horse collar, the steam engine or the PC.
  • In the second view, it is not possible to invent high-pressure steam engines, even though they may be profitable, until the technology of metallurgy develops metals to contain the higher pressure.
  • The creation of an internal combustion engine depended on its connections to cannons, oil, Maybach's spray carburetor, levers and gears.

• Entry and Exit of Firms

  • Cost advantages can sometimes be quickly reversed by advances in technology.
  • Potential upturn:Firms may be influenced by the potential of an upturn in their market that may reverse their current financial situation.

• The Importance of Trade

  • Technological advances, from the invention of the jet engine to the development of just-in-time manufacturing, have also contributed to the rise in international trade.

• Investing in Research and Development

  • When the government directly conducts research, it hires its own scientists, engineers, etc. to study a particular issue.

• Poverty and Inequality

  • In the late 1990s, there were some signs these patterns were reversing, as wage gains accelerated -- especially among poorer workers.

• The Effect of Restrictive Monetary Policy

  • But if the agents believe that the central bank's actions will soon be reversed, they may not alter their actions and the effect of the contractionary policy will be minimized.