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Bill Janeway | Venture Capitalism and the Future of the Innovation Economy

Hidden Forces

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The History of the Three-Player Game

Every nation that is trying to get to the frontier by following those who are in the lead begins by appropriating whatever intellectual property they can get their hands on. The Brits took textile technology from the Indians and the Italians. We took it from the Brits. The Japanese and the Koreans took everything from steel to semiconductors from us. And obviously China has had the most coherent, centrally directed mass program on doing this. But it's a long history.

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