Borrowed Quote by Alan Greenspan
“One of the major problems with China is that its innovation is largely borrowed technology.”
About This Quote
Source Speech: Remarks at the World Economic Forum, 2005
China relies heavily on adapting existing technologies rather than creating original inventions.
In simple terms: China copies tech instead of inventing.
Encourage homegrown R&D.
Themes
Mood
Type
When to use this quote
- policy making
- business strategy
- education reform
- investment decisions
Key Concepts
Questions to Reflect On
- How can China foster original research?
- What incentives drive domestic innovation?
Copying limits long‑term competitiveness and self‑sufficiency.