You are currently browsing the tag archive for the ‘Innovation Economy’ tag.
Published by the Breakthrough Generation.
In his book, China Inc.: How the Rise of the Next Superpower Challenges America and the World, Tim Fishman explores the rise of China and highlights areas where the Chinese have out-competed, are gaining ground, or seek to out-compete US industries. When we consider the recent developments, including China’s investment in clean energy from ‘green’ stimulus measures exceeding that of the US, and enacting fuel efficiency standards beyond those recently approved by Congress, it seems this could represent an emerging trend.
While Fishman acknowledges that ‘[t]he ability of American industry to stay ahead of its competition rests on the national gifts and resources that the United States devotes to innovation’, he warns that the innovation gap is ‘beginning to narrow’.