3 ms·
Exactly. You need process knowledge in addition to IP in order to make innovation and manufacturing happen. And China is really good at cultivating process know
by jamesjyu 8y ago
Exactly. You need process knowledge in addition to IP in order to make innovation and manufacturing happen. And China is really good at cultivating process knowledge, something the US is slowly ceding to them.
- njarboe 8y agoTransferring process knowledge is why, until very recently (Tesla, others?), all companies have been required to minority partner with a Chinese company in China and thus transfer their process knowledge along with IP.
- est 8y agoChina abandoned that requirement initially few months after Trump's trade war. But things got escalated.
- yholio 8y agoThe reality is that often, neither the patents or the processes are available for licensing or through an acquisition and merger. Trade secrets and IP are used adversarialy, to limit competition and often times governments are deeply involved, vetoing against any technology transfer that could hurt national competitiveness. That makes sense for a nation but hurts the technological progress of the world. So we are in effect, back to the pre-intelectual-property world. The moral connotations of IP theft hardly apply.