Business | Competitive advantage not God-given – as US and Japan know

Competitive advantage not God-given – as US and Japan know

Technologist and author Henry Kressel reflects on the reasons for nations losing their industrial dominance. The story of electronics, he says, shows that innovation, driven by corporations but supported by governments, is key to competitive longevity

July 12, 2017 2:13 PM (UTC+8)
Sony employee Suzuyo Suzuki displays the MD Walkman MZ-E55 (left) and a mini-disc at the company's headquaters in Tokyo, on September 7, 1998. Photo: AFP / Toru Yamanaka
Sony employee Suzuyo Suzuki displays the MD Walkman MZ-E55 (left) and a mini-disc at the company's headquaters in Tokyo, on September 7, 1998. Photo: AFP / Toru Yamanaka
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