U.S. Innovation and Chinese Competition for Innovation Production
Author: Hoberg, Gerard , Phillips, Gordon M., Li, Bruce Yuan on Mar 15, 2020
In this paper, we examine how competitive shocks from China impact U.S. innovation through two distinct margins: the markets for innovation and existing products.
Increasingly there has been a focus on the impact of China's meteoric rise as an economic power and its impact on the innovation spending by established…
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