3 ms·
You are changing the topic. You said that patent infringement over decades has had no effects. Quoting: "China and India have been infringing on US patents f
by rebootthesystem 11y ago
You are changing the topic. You said that patent infringement over decades has had no effects. Quoting:
"China and India have been infringing on US patents for 4 decades now and nothing has happened yet."
I just want to know how you came to that conclusion.
The problem with your atatement is that it requires access to data that may not be public. If I had not had IP stolen by a Chinese company I would not have some of the insights I gained during that experience. Mine isn't the only company that has had these kinds of issues. During my ordeal I got to meet other business owners affected by Chinese IP theft. Why? Because we got the State Department involved and that was the conduit through which I met others.
Unless you've had access at that level it would be hard for you to understand the subject. In our case the IP theft probably cost us $30 million dollars in R&D, over a hundred million dollars in lost sales and hundreds of very high paying jobs.
No, IP theft is a very serious problem.