The U.S. Tech Industry Needs China

Many in the U.S. have looked on China’s astonishing rise with consternation, which again echoes how Japan was viewed in the 1970s and ’80s. The seminal moment came when the Japanese semiconductor industry began to leap ahead of the U.S. in the late 1970s—despite the U.S. being the birthplace of the microchip.100% tariffs

But more importantly, and lastingly, the reaction from the U.S. wasn’t purely negative. Both U.S. companies and the U.S. governmentfrom Japan’s novel innovation ecosystem that integrated its national labs and universities with its industries. Japan’s ascent spurred the U.S. to pass the Stevenson-Wydler Technology Innovation Act in 1980, to facilitate collaboration between researchers in national labs and academia with industry.

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

The aviation industry wants to be net zero—but not soonTechnology that might help the industry decarbonise is barely perceptible on the horizon
Source: TheEconomist - 🏆 6. / 92 Read more »

Food industry leaders to meet PM as prices soarThe Downing Street meeting with farmers and supermarkets will also focus on costs and supply chain issues.
Source: BBCScienceNews - 🏆 87. / 53 Read more »