Posts Tagged: "heavy price"

President Trump to meet Xi Jinping in Beijing during Asia tour

In mid-August, the Trump Administration announced that it would probe the alleged theft of U.S. intellectual property as aided by the Chinese federal government. One could assume that this probe might be a topic of conversation. During this conversation President Trump should ask President Xi to explain how a Communist regime is capable of having a better understanding of the importance of protecting patent rights than a nation ostensibly built on private property rights; a nation that has previously been the bastion of capitalism through the 19th and 20th centuries.

As many in U.S. remain skeptical of patents, China picks up the slack

“Increasing numbers of US operating companies dislike patent protection,” Ding explained to IAM. “[T]he production and manufacture of products are increasingly located in Asia and Asian companies have more and more patents… opportunities are being transferred to the East just like manufacturing was.” * * * Although strong patent licensing activities are surely welcome news to Huawei and the many people employed by that firm, stakeholders in the U.S. patent system likely can’t help but see this as a further harbinger that China’s innovation economy will overtake ours in the coming years.