I don't disagree with your points and I'm not actually a big fan of patents or intellectual property. However, look at China - they don't care much about the i

I don't disagree with your points and I'm not actually a big fan of patents or intellectual property. However, look at China - they don't care much about the intellectual property rights, they are okay with industrial espionage and reverse engineering, and yet their chips are not even close - even though their fabs aren't too bad. The fab is just not the whole story. The EU really is becoming irrelevant, more and more, and it's accelerating. 10-20 yeaes ago the US and EU economies were comparable - and that was when the US anti-worker and anti-consumer situation was worse than today, they're improving on this metric, in some cases faster than the EU. The EU energy policy based on ideology instead of facts is going to be the last straw. I'm saying this as an EU citizen.