主题：【原创】雪夜妖谈-引子 -- 夜如何其

1-迭代快的领域 大家差不多起跑线的情况下，国家资本主义的有效性就比较强。e.g. memory chip (semiconductor), evidence from first Japanese firms, then South Korea's Samsung.

Core strength: Lower funding cost from their banking systems in those countries, vs. the high cost of capital in America; Audacity to leverage the resources of one whole country on one so-called "commanding-height" industry.

2-但在那些需要很长学习成本经验积累的领域，抄捷径几乎等于偷鸡不成蚀把米: Because nobody knows the winning path and try-and-error is the only option. You need an army of small startups to test out the optimal results. E.g. operating system, some software apps.