In this podcast, 2430 Group Director Glenn Chafetz argues that American companies are losing IP to China because their focus on quarterly profits prevents them from calculating the significant long-term cost of stolen technology and making needed investments in counterintelligence efforts that would protect their IP.

He closes with advice for companies: You have to become sufficiently expert in economic espionage, counter-espionage, counterintelligence, because if you don't, your competitors will.