Technology transfer and the rise of China [1]

Resistance to technology transfer has escalated as the competitive power of China has increased. That being said, China’s growth has benefited the West: It offers a huge market for goods and services, while competition has spurred innovation and stimulated investment. What’s more, trade tariffs will inhibit growth and waste resources. Focusing on domestic innovation, education, human capital accumulation, and unlocking talent is a more productive approach to winning the technology trade war.

Editor’s Note: This is part of our series on the US-China trade war.

Standfirst: 
Who wins and losses in the technology trade war? John van Reenen (MIT) explains why technology transfer in a globalised world isn’t a zero sum game
Interviewee: 
johnvanreenen [2]
Date Published: 
Wednesday, May 8, 2019
Tags: 
trade [3]
technology transfer [4]
China [5]
the West [6]
growth development [7]
Cover Image: 
Topic: 
Firms & Trade [8]
Related Content: 
Incentivising technology adoption in Pakistani firms [9]
New technology and job destruction: When does social unrest become inevitable? [10]
Barriers to Technology Adoption [11]
The (unintended) effects of China’s 2004 tax reform [12]
The rise of China and the future of US manufacturing [13]
Audio File: 
Audio icon Reenen China IP.mp3 [14]
Series: 
US-China Trade War [15]