My Republica

Edmund S Phelps

The contributor for Republica.

Will China out-innovate West?

Published On: March 11, 2018 12:47 AM NPT By: Edmund S Phelps

From the early nineteenth century to the early twentieth century, Western countries attributed their economic growth to the discoveries of “scientists and navigators.” A country needed only the “zeal” to develop “obvious” commercial applications, and build the facilities to meet demand for new products.

Opportunity for China

Published On: June 20, 2016 12:31 AM NPT By: Edmund S Phelps

China could become a major source of innovation, equaling or even exceeding America