.S. patents matched to corporate owners, we quantify how foreign competition affects domestic innovation. Rising import exposure …Manufacturing accounts for more than three-quarters of U.S. corporate patents. The competitive shock to this sector … emanating from China's economic ascent could in theory either augment or stifle U.S. innovation. Using three decades of U …

.S. patents matched to corporate owners, we quantify how foreign competition affects domestic innovation. Rising import exposure …Manufacturing accounts for more than three-quarters of U.S. corporate patents. The competitive shock to this sector … emanating from China's economic ascent could in theory either augment or stifle U.S. innovation. Using three decades of U …