News > Can ‘Asia’ out -innovate and out-compete the West?

Can ‘Asia’ out -innovate and out-compete the West?

CNBC TV18 | 21/02/2021 09:55 PM | Click to read full article

Updated : February 21, 2021 01:22 PM IST The West will remain peerless in some dimensions and domains where Asia can only play catch- up.

In the main, the domain where the West will retain an edge, almost perpetually, is innovation and it is that Asia suffers from a structural, systemic and more importantly a conceptual deficit. Till then, the name of the game for Asia and the broader non-West will be an emulation of ideas and innovations pioneered in the West.