4 min listen
S1 Ep20: Technology transfer and the rise of China
S1 Ep20: Technology transfer and the rise of China
ratings:
Length:
12 minutes
Released:
May 8, 2019
Format:
Podcast episode
Description
Who wins and losses in the technology trade war? John van Reenen (MIT) explains to Tim Phillips why technology transfer in a globalised world isn’t a zero sum game.
Resistance to technology transfer has escalated as the competitive power of China has increased. That being said, China’s growth has benefited the West: It offers a huge market for goods and services, while competition has spurred innovation and stimulated investment. What’s more, trade tariffs will inhibit growth and waste resources. Focusing on domestic innovation, education, human capital accumulation, and unlocking talent is a more productive approach to winning the technology trade war.
Photo: Ivan Walsh/ Flickr
Resistance to technology transfer has escalated as the competitive power of China has increased. That being said, China’s growth has benefited the West: It offers a huge market for goods and services, while competition has spurred innovation and stimulated investment. What’s more, trade tariffs will inhibit growth and waste resources. Focusing on domestic innovation, education, human capital accumulation, and unlocking talent is a more productive approach to winning the technology trade war.
Photo: Ivan Walsh/ Flickr
Released:
May 8, 2019
Format:
Podcast episode
Titles in the series (100)
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