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One of China's competitive advantages is that they don't give a shit about patents. This leads to extremely fast product cycles but also occasional stories abo
by jandrese 5y ago
One of China's competitive advantages is that they don't give a shit about patents. This leads to extremely fast product cycles but also occasional stories about original inventors who feel they were screwed because people in China ripped off their design and improved it without their consent (or license fees).
An example:
https://www.forbes.com/sites/wadeshepard/2018/01/31/meet-the-inventor-of-the-hoverboard-who-lost-millions-to-chinese-counterfeiters/ https://www.forbes.com/sites/wadeshepard/2018/01/31/meet-the...
- robinsoh 5y agoIn my industry, unfortunately, this has led to some level of bias and mistrust against employees of Chinese origin. The problem is, as you state, there have been multiple cases of individuals working for a company, getting access to key formulations, processes and then a couple of years later, the exact same product starts getting made in China.