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What discourages Chinese people from pursuing innovation are the lax IP laws. In China, if you spend 10 years designing a new awesome thing, everyone else will
by daymanstep 1y ago
What discourages Chinese people from pursuing innovation are the lax IP laws.
In China, if you spend 10 years designing a new awesome thing, everyone else will copy it as soon as you publish it. There is basically no protection for IP. That's why China caught up to the West so quickly, but it's also why very little innovation happens in China.