Abstract
The article presents the author's view that the so-called China Miracle resulted from a follower advantage and will be difficult to maintain. An argument is made that the U.S. economy's advantages are its free market system and a culture that encourages innovation. The author notes Americans should be aware that government intervention can hinder innovation and economic growth.
Original language | English |
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Pages (from-to) | 40 |
Journal | Harvard Business Review |
Volume | 90 |
Issue number | 3 |
Publication status | Published - 2012 |
Indexed by
- FT
- ABDC-A
- Scopus
- SSCI