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This is a great way of inducing increased technological competence in countries outside the US.
by ImHereToVote 3y ago
This is a great way of inducing increased technological competence in countries outside the US.
- halJordan 3y agoSure; ofc. That's not the point. Your suggestion is just as likely to fail and stumble as any other suggestion. This has been the rallying cry of the Chamber of Commerce and big businesses since the dawn of time to argue against national security concerns in favor of big profits, so forgive me if trite regurgitation is unconvincing.
- odyssey7 3y agoIf the US is hoping to promote free-market policies, then increasing demand for technological innovation within China is a likely objective of this policy. For an example of the theoretical framework being discussed by experts, here is an article from Stanford in which the West's recent competitive advantage in technological innovation is attributed to free markets. The implication is that a country would need to operate a free market in order to become a global leader in technological innovation. https://www.gsb.stanford.edu/insights/how-innovation-drives-economic-growth https://www.gsb.stanford.edu/insights/how-innovation-drives-...