The Good, the Bad, and the Ugly of Innovation Policy
November 22, 2010
Multimedia from the event "Innovation Mercantilism: The Bad, The Ugly, and The Self-Destructive."
An increasing number of countries think achieving economic growth through technology exports is preferable to doing so by raising domestic productivity levels through innovation, particularly by leveraging information technology. These nations, of which China is only the most prominent, are not so much focused on innovation as on technology mercantilism, specifically the manipulation of currency, markets, standards, IP rights, etc., to gain an unfair advantage favoring their technology exports in international
