Power Of Innovation: Adrien Matray Explains How R&D Shields U.S. Manufacturers From Chinese Competition
Adrien Matray
In the fierce battle between American manufacturers and Chinese competition, innovation emerges as a crucial defensive weapon, according to groundbreaking research from HEC Paris and UC Berkeley. The study reveals that U.S. firms investing heavily in research and development (R&D) have proven remarkably resilient to the dramatic surge in Chinese imports that has rattled American manufacturing over the past two decades.