Scholarship (Affiliate)
Competing with Dragons
California Management Review
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Abstract
It has become fashionable to blame loss of competitiveness to China on unfair competition. Theft of intellectual property, distorting government subsidies, low labor costs with which the West cannot compete, asymmetrical market access and so forth. While there is truth to all these claims, and it’s maybe convenient for Western manufacturers to blame their loss of competitiveness exclusively to Chinese ‘cheating’, it is far from the whole story. A functioning industry-government ecosystem is essential to compete with China in the electric vehicle market.
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