Why educate start-up whiz kids, only to kick them out of the country?

摘要

TIME WAS, China followed our lead on matters entrepreneurial. Now, there may be a few things we can learn from China-especially when it comes to the government's role in channeling aid to start-ups. China doesn't go out of its way to nurture budding private enterprises. Its policy makers figured out that blanketing the market with fertilizer, in the form of subsidies and grants, encouraged some not-so-hot buds. Instead, China's government funds companies-often massively-only after they have established some traction on their own.