The trade-offs of innovating in China in times of global technology rivalry

The trade-offs of innovating in China in times of global technology rivalry

To assess the available strategies, it helps to distinguish between ‘Business class’, ‘Economy class’, and ‘Cargo hold’ positions, as outlined in the above chart. Those in business class, with strategic technologies that are much more advanced than local options, tend to get generous inducements to invest, from 100 percent foreign ownership deals to easier access…

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