August 3, 2018
Forced technology transfer occurs when foreign multinational companies have to provide strategically significant technology to an indigenous entity they do not control in order to gain access to the massive Chinese market. Firms lose a valuable asset and global innovation can be hampered.
July 25, 2018
China is targeted industries as it aims to increase Chinese innovation and upgrade the production methods used in manufacturing from labor-intensive to high-tech. The U.S. companies that compete with them are hurt. But, American consumers enjoy lower import prices, leaving Americans as a whole better off.
January 16, 2018
Technology is displacing workers in science, technology, engineering and mathematics. It is also making hard-to-automate social skills increasingly valuable.
May 17, 2017
Why has U.S. labor productivity growth slowed if technology continues to advance? Future increases in living standards depend on the answer to this paradox.
January 20, 2017
The claim that the President can bring back manufacturing jobs ignores an important reality – as an industry, U.S. manufacturing is booming.