That is the perception. I work in the flooring business, and engineered wood (laminated) is stronger than pure hard wood. Reason being that the layers give strength to the overall board.. less twist and warpage.
That being said, the laminations do have to be done right with the right glue.... flooring or bows. And that would go for I-Beams in bows.. not the decorations in front or back.
I am sure there are test done out on this subject. Would be interesting to see what results are.