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While the availability of cheap electric vehicles is good news for the planet and for consumers everywhere, it is bad news for shareholders and employees of Western car companies, and both the United States and Europe are considering imposing import tariffs on Chinese EVs. But tariffs are the wrong approach.

Columbia Business School Research Provides Industry-Specific Guidelines to Measure Future Value of In-House Intangible Investments Including R&D

Professor Stijn Van Nieuwerburgh is the Earle W. Kazis and Benjamin Schore Professor of Real Estate and Professor of Finance at Columbia Business School. Before joining the CBS faculty in 2018, he was on the faculty of New York University’s Stern School of Business for fifteen years. He received his B.A. from the University of Ghent and his M.A., M.S., and Ph.D. from Stanford University.