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I agree that IP theft hurts countries that don't partake in it. However, I was asking about the effect on the world as a whole. Taking some wealth from one cou
by _cs2017_ 8y ago
I agree that IP theft hurts countries that don't partake in it.
However, I was asking about the effect on the world as a whole. Taking some wealth from one country and giving it to another isn't directly changing the amount of wealth in the world. But some second order effects may come into play that do change the global wealth.
- pzone 8y agoThe reduced incentive for innovation from US firms hurts global wealth just as much whether the IP copycats are in the US or if they're in China.