There's a lot of theory about this. Look into strategy theory. A few well know concepts as entry points; Feedback loops, path dependency, disruptive innovation, group thinking. Other related concepts needed to analyze the Boeing story completely to understand their strategic position and defensibility could be; Core competence, Blue Ocean, Porter's Five Forces. More macro and fundamentally I'd look into Austrian school if thought and "destructive innovation", and core concepts such as division of labor.
Without knowing the details it makes a lot of sense that Boeing ended where they did (Boeing/SpaceX fits a lot of theories above). What may save the US is not the ability to save companies like Boeing - that would more likely hinder progress on a mid to long term scale - it's the ability to come up with new companies/innovators to overtake the incumbents.
In my interpretation. Fundamentally it goes all the way to the quality of institutions and culture. Time will tell, but I'm feeling more worried about those than the current ability to innovate.
Without knowing the details it makes a lot of sense that Boeing ended where they did (Boeing/SpaceX fits a lot of theories above). What may save the US is not the ability to save companies like Boeing - that would more likely hinder progress on a mid to long term scale - it's the ability to come up with new companies/innovators to overtake the incumbents.
In my interpretation. Fundamentally it goes all the way to the quality of institutions and culture. Time will tell, but I'm feeling more worried about those than the current ability to innovate.