US And Europe Not Competing Economically

from the let's-be-friends dept

There's been some recent debate about whether Europe or the United States will be a home to more innovation in the future. The discussion isn't unlike those about China and the US, which pit them as competing economies. But in a period of globalization, are these discussions relevant? European citizens can benefit from US innovation as easily as US citizens can, and vice versa. American investors can invest their money into European startups with little extra cost, if they don't like their opportunities locally. While it's easy to talk about countries the same way we talk about companies (e.g. Google vs. Microsoft), it doesn't make much sense when capital, ideas, and companies freely transcend national borders.
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  1. identicon
    Claire Rand, 17 Mar 2006 @ 12:11am

    aircraft bits

    90% of aircraft bits put together in asia...

    hmm. working down the road from where rolls royce aero engines are built, oh and having been round the place where airbus wings are made i'd have to beg to differ somewhat. Micro electronics may be made in the far east but they handle mass market, high volume stuff.

    air craft don't count as either, i dare say many component chips etc are made out there but the physical bulk? no way.

    now maybe 90% of the components by count are made out there...

    airframe: 1 part
    4 engines: 4 parts
    at seat lighting control chips.. one per seat..

    yes i think i get the idea.

    i see the point you are trying to make, but the aircraft industry is a poor target.

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