Well, the great thing about intellectual property is that it favours smaller countries that are focused, whether you're pharmaceuticals in Switzerland, micro-electronics in Singapore or gaming and telecommunications in Finland. The government has a central role in this, because it creates the framework.
I have a list of things in the digital policy infrastructure. In my business around the world, in about the 150 countries that I did business in, the successful countries focused on the right-hand side of that chart in making sure that they all operate together. If we don't work in alignment with our companies, our national champions, and understand that our companies are going against national champions in other parts of the world.... It's a central job, whether it's how we do research funding or how we do foreign direct investment. For instance, if you look at the SIF program that got topped up and at the superclusters, half of that money went to foreign companies because we think it's a job strategy, which is a race to the bottom.
Every successful economy focuses on generating those assets for their domestic economy, where they get the rent wealth effects but they also get the security effects of that. It's an orientation and it's an expertise issue.