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Interesting observations about the Chinese economy right now. The lax IP protections have allowed for incredible innovation in hardware and software. Everybody
by SimianSci 6y ago
Interesting observations about the Chinese economy right now.
The lax IP protections have allowed for incredible innovation in hardware and software. Everybody copies each other shamelessly, driving relentless competition.
But when it comes to creative properties its practically bankrupt. A lot of market movers are just copying each other and lack the capability to make anything transformative.
Their gaming market seems flooded with hundreds of mobile companies with near identical products.
It doesn't surprise me that Chinese investment firms are chomping at the bit to acquire more creative properties from other countries.
They really dont have to do much other than localize the acquired properties and release them to a market starved for good games.
Its a smart investment, in my eyes.
- catmanjan 6y agoIs this conjecture or do you have proof?
- SimianSci 6y agoAdmittedly, conjecture based on observation
- FooBarWidget 6y agoIt's a double-edged sword. There are Chinese businessmen who chose not to do business in China, restricting themselves to foreign markets, because they are worried about IP theft in China. But the situation is slowly improving. IP protection laws, as well as general rule of law, are slowly improving. Whereas 10 years ago IP protection wasn't much of a priority for the central government, it is now a prioritity.
- ZirianDrake 6y agoA new robotic vacuum cleaner isn't going to offend Communist leaders, but a bold new TV show or video games series might. This chilling effect is the factor behind limited creative output.