DIU's Michael Brown on US-China Tech Competition
Kicking off a series on US-China defense-related issues with Eric Lofgren of the podcast AcquisitionTalk, we host Defense Innovation Unit head Michael Brown.
We touch on a number of topics, including:
Industrial espionage and foreign investment The debate over basic vs. applied research China starting to determine technical standards Coordinating with allies on semiconductors Transitioning tech in the DoDBefore taking the helm of DIU in 2018, Michael co-authored a study with Pravneet Singh showing how Chinese participation in the US venture/tech ecosystem had surged from $300 million in 2010 to $11.52 billion in 2015. Chinese capital comprised 16 percent of all deals in 2016. That work launched the Foreign Investment Risk Review Modernization Act (FIRRMA) which strengthened the government's ability to block Chinese investments.
Do note we recorded this episode in early Nov before the election.
Outtro music by Higher Brothers, 'Empire'
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