How do you win a race? You can hobble and try to slow down your opponent. Or you can run faster yourself. In the effort to lead – and define the values of – critical technologies, the United States and China are engaged in a great race. The United States has the most innovative society on earth, and can continue to lead if its scholars and researchers are given the right incentives. So far, the U.S. government and Congress have focused most of their energy on slowing China down through ever more stringent export controls, and preventing U.S. companies from investing in Chinese technology. The bipartisan desire to “hobble” China has made important inroads, but the
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