Geoeconomic Competition cover image

Third Plenum implications for European businesses with Alicia Garcia-Herrero

Geoeconomic Competition

NOTE

Protecting Innovation for Global Competitiveness

The key is to focus on protecting and fostering innovation to ensure global competitiveness. Implementing outbound investment screening and other measures is crucial to prevent the loss of innovative edge. While fostering innovation is important, it is equally essential to safeguard it, especially in the face of increasing global competition where other countries have closed their doors to innovation. By prioritizing the protection of innovation, companies can avoid repeating past mistakes and stay competitive in a rapidly changing global landscape.

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