How China Influences U.S. Innovation and Technological Capabilities, With Barry Naughton
Innovation Files: Where Tech Meets Public Policy
Do You Know How Many of These Companies Fail?
There's a lot of government money there. They orten separate into two classes of investment. In one you've got a target rate of return of, you know, 20%. And in the other, you'veGot a tardar rate of return sently zero. An an interesting question will be, how many fail? What do they do? Do they legitimately let them go bust and take a loss? Or do they try to sort of keep them afloat forever?"
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