Guilherme Klein Martins
2025.10.07
70% relevant
The article argues that successful developers (US, Japan, South Korea, Taiwan) used ownership caps, sector bans, performance requirements, and tech‑transfer rules to channel foreign capital—treating investment regulation as part of industrial policy, not just tariffs or subsidies.
Tyler Cowen
2025.09.20
60% relevant
The chapter highlights how non‑subsidy levers—like the Embargo Act, federal armory sponsorship, and institutional incentives—shaped the U.S. innovation ecosystem and manufacturing trajectories, echoing the broader claim that rules and institutions are core tools of industrial strategy.