I think the modern-day model that works best is the one where any company or university interested in being at the leading edge of technology invest in participation in international forums. Because I agree that attemtping to wall off outside "influences" can only result in falling behind in your domestic industry.
There are simply too many smart people all over the world. Cannot be helpful to ignore all the ones outside one's own borders.
What are the engineering and design challenges in creating successful IoT devices? These devices are usually small, resource-constrained electronics designed to sense, collect, send, and/or interpret data. Some of the devices need to be smart enough to act upon data in real time, 24/7. Are the design challenges the same as with embedded systems, but with a little developer- and IT-skills added in? What do engineers need to know? Rick Merritt talks with two experts about the tools and best options for designing IoT devices in 2016. Specifically the guests will discuss sensors, security, and lessons from IoT deployments.