COMPETING WITH DRAGONS AND TIGERS ON THE GLOBAL STAGE
India and China are a tsunami about to overwhelm us.1
—Curtis R. Carlson, president and CEO, Stanford Research Institute
During the past fifty years, Boeing Corporation has been the single largest exporter from the United States. The aircraft industry is important not only for its size but also for being one of the most technologically intensive, capital-intensive, and scale-intensive industries. The barriers to entry into this industry are extremely high—in fact, higher than into other high-tech sectors such as computing, telecommunications, and pharmaceuticals. It took the combined might of all of the rich European countries, over several decades, to create Airbus, the first viable competitor ...