They left out china will steal your intellectual and proprietary knowledge.
So did Japan, but it hasn't helped them much in their overall economy. We've educated Indians, Pakistanis, Chinese and others in our Universities and given them internships and jobs in our labs, and they run back home with all that knowledge.
All we can do is keep innovating, so long as we can do something about our educational system. We can't keep drugging and dumbing down our K-12 students and expect to produce much in the way of new ideas.