Globalization has often attracted a lot of criticism, especially from emerging countries. Taking the analysis made in this chapter into consideration, state your conclusions. If the United States had...

Globalization has often attracted a lot of criticism, especially from emerging countries. Taking the analysis made in this chapter into consideration, state your conclusions.

If the United States had its way, it would demand that Japan spend more money on basic research in science and less on applied research into industrial applications. Explain why in terms of the analysis of appropriability.