This paper was originally published in Innovation: Management,Policy & Practice, Volume 6, Number 1, April, 2004. ISSN 1447-9338 URL: URL:

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Excutive Summary: In the early 1980s when IBM launched the Personal Computer, senior executives of many multinational corporations (MNCs) demonstrated little initial interest in reaping the returns on investments promised by budding technology pundits. Corporate adoption of subsequent advances in Information and Communications Technology (ICT) have since promulgated worldwide. Today, MNC managers have come to regard ICT as a key differentiator of their competitive advantage. Drawing from metrics produced by the World Economic Forum, this paper comparatively assesses the viability of Chinese, Japanese, and U.S. firms as they increasingly compete for global market share, relying on technology as a critical success factor