The first two decades of the century witnessed a steady increase in technology integration (or less decoupling), but China’s dependence on the U.S. increased (decreased) during the first (second) decade. Decoupling in a technology field predicts China’s growing dependence on U.S. technology, which, in turn, predicts less decoupling further down the road. Decoupling is associated with more patent outputs in China, but lower firm productivity and valuation. China’s innovation-oriented industrial policies trade off the inherent conflict between indigenous innovation and firm competitiveness.
https://voxchina.org/show-3-261.html
https://voxchina.org/show-3-261.html
voxchina.org
Mapping U.S.-China Technology Decoupling, Innovation, and Firm Performance
We develop measures for technology decoupling and dependence between the U.S. and China based on combined patent data. The first two decades of the century witnessed a steady increase in technology integration (or less decoupling), but China’s dependence…
1. Patents that are important for innovation in that they shift the knowledge frontier have become much less important on average, reflecting an overall decline in innovativeness and increase in crowdedness of patenting in China.
2. There is positive growth in the number of breakthrough patents in China (those with the greatest importance), but this growth has declined steadily over time.
3. Knowledge within China has become more important than knowledge outside China for driving the direction of innovation in China.
4. Knowledge produced by Chinese entities within China has become more important than knowledge produced by foreign entities within China.
https://voxchina.org/show-3-405.html
2. There is positive growth in the number of breakthrough patents in China (those with the greatest importance), but this growth has declined steadily over time.
3. Knowledge within China has become more important than knowledge outside China for driving the direction of innovation in China.
4. Knowledge produced by Chinese entities within China has become more important than knowledge produced by foreign entities within China.
https://voxchina.org/show-3-405.html
voxchina.org
The Anatomy of Chinese Innovation: Insights on Patent Quality and Ownership
Chinese patenting has become narrower and less innovative over time. The role of overseas knowledge has also declined sharply. These findings are salient in the context of a marked slowdown in economic growth in China and rising concerns of technological…
All major asset classes in China have significant higher volatilities than their counterparts in the US market, but they do not always yield larger returns. Small-company stocks, short-, medium-, and long-term treasury bonds outperform their US counterparts, while large stocks underperform and long-term enterprise bonds yield similar returns.
https://voxchina.org/show-3-282.html
https://voxchina.org/show-3-282.html
voxchina.org
An Empirical Overview of Chinese Capital Market
We provide an empirical review of the Chinese capital market, focusing on the basic return and risk characteristics of its major asset classes, as well as a comparison to the US market. All major asset classes in China have significant higher volatilities…
Liberal commentators, like Krugman and others, tell us that MAGA wants to destroy science, that scientific facts disrupt their political prejudices, that what we are witnessing is nothing more than a celebration of ignorance. They call it a war on science. It may indeed be a war, but it is not science that is the target. The dramatic reorganization of the conventions of scientific research that we are currently witnessing instead fulfills a very different aim, namely, to continue to disenfranchise socially and economically marginalized populations and communities. So let us call this what it has always been: class war. To that end, science as such is not the object of antagonism; the people are. Science has simply become a preeminent tool for political and economic oppression. For this is all that science is: a craft to be deployed for whatever ends we assign it.
https://thebaffler.com/latest/scientific-methods-bassiri?utm_source%3Drss-feed%26utm_medium%3Drss%26utm_campaign%3Dfeed
https://thebaffler.com/latest/scientific-methods-bassiri?utm_source%3Drss-feed%26utm_medium%3Drss%26utm_campaign%3Dfeed
The Baffler
Scientific Methods
Commentators have long bemoaned the right’s presumptive “war on science.” It may be a war, but science is not the target.
"As the global gap between rich and poor countries continues to widen, one out of every three countries in the world is spending more repaying creditors than on health or education"
https://www.project-syndicate.org/commentary/financing-for-development-seville-conference-how-to-fix-global-debt-architecture-by-carlos-cuerpo-and-joseph-e-stiglitz-2025-07
https://www.project-syndicate.org/commentary/financing-for-development-seville-conference-how-to-fix-global-debt-architecture-by-carlos-cuerpo-and-joseph-e-stiglitz-2025-07
Project Syndicate
How to Put Development Finance Back on Track
Carlos Cuerpo & Joseph E. Stiglitz see an opportunity to start reshaping the global sovereign-debt and financial architecture.
In chasing distant utopias, we often overlook the paradise within reach. We dream of changing the world, but forget that a community rebuilt on love, mutual care, and shared responsibility is itself a transformed world. If we create spaces where people feel seen, safe, and supported, we have already succeeded. These are not distant goals. They are near at hand—doable, tangible, and transformative. It is only when we stop searching for miracles elsewhere that we can begin to build them where we are.
https://rwer.wordpress.com/2025/07/01/how-capitalism-shapes-our-world-and-how-we-can-reshape-it/
https://rwer.wordpress.com/2025/07/01/how-capitalism-shapes-our-world-and-how-we-can-reshape-it/
Real-World Economics Review Blog
How capitalism shapes our world—And how we can reshape it
from Asad Zaman Prologue: The North Star Is it truly necessary for billions to live in poverty while a few enjoy unimaginable wealth? Could the world be different—and could we help make it so? Utop…
Il governo Meloni ha trasferito 43 milioni di euro dal fondo destinato alle vittime di mafia, estorsione e usura all’organizzazione delle Olimpiadi invernali di Milano-Cortina 2026. La norma è contenuta nel decreto Sport appena pubblicato. I fondi serviranno a finanziare sicurezza, ordine pubblico e logistica dell’evento.
https://www.editorialedomani.it/politica/italia/antimafia-fasulla-milioni-fondo-vittime-clan-mafia-giochi-milano-cortina-cka7y80u
https://www.editorialedomani.it/politica/italia/antimafia-fasulla-milioni-fondo-vittime-clan-mafia-giochi-milano-cortina-cka7y80u
www.editorialedomani.it
L’antimafia fasulla, 43 milioni del fondo “vittime dei clan” ai giochi di Milano-Cortina
Le risorse per sostenere chi denuncia le estorsione dirottate sull’evento del 2026. Finanzieranno i servizi di ordine pubblico durante l’Olimpiade invernale. Meloni celebra il magistrato ucciso, ma depotenzia la lotta alle mafie
Forwarded from Kozy
www.editorialedomani.it
Effetto Marano sulla Rai, la Lega rafforza il suo potere
Complice lo stallo sull’elezione di Simona Agnes alla presidenza, il consigliere ha giocato la sua partita. Con lo sconosciuto Di Liberatore e l’esecutore Alibrandi ha messo le mani sull’intrattenimento tv e radio