Comments on: Is China Innovative? http://www.15inno.com/2010/02/07/ischina/ Open innovation, social media tools and intrapreneurship Wed, 08 Feb 2012 08:07:53 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Norman http://www.15inno.com/2010/02/07/ischina/comment-page-1/#comment-799 Norman Tue, 09 Feb 2010 01:17:52 +0000 http://www.15inno.com/?p=1327#comment-799 My observations on China so far is that they are focusing on making quick bucks and using their population size to its advantage - cheap labor and hence phase one is all about being a production based economy. Now phase two has step in where they will do anything to get FREE technological knowhow. Anyone interested in doing business in China will have to release the rights of technology to China. Simply put, they are great copycats and hungry for anything that make them control the world- Energy, resources etc. China presently does have a high number of patents but that is only because they patent almost anything just to get them looking like they are innovators. Whereas, Japan patents which still ranks high is really about cutting edge technology and innovations. The problem with Japan is that most of these people with patents has no idea how to market them to the world. I personally know many of these innovators and they are just sitting on their patents that could change the world!!!! China is NOT at the stage of the game to play innovators, their research centers currently are mostly great at taking someone's elses technology, strip them apart and finding ways to copy and claim it as theirs. Right now the thinking is why spend money on research and innovation when you can copy FREELY in China???? and make fast bucks on someone's years of R&D? My observations on China so far is that they are focusing on making quick bucks and using their population size to its advantage – cheap labor and hence phase one is all about being a production based economy.

Now phase two has step in where they will do anything to get FREE technological knowhow. Anyone interested in doing business in China will have to release the rights of technology to China. Simply put, they are great copycats and hungry for anything that make them control the world- Energy, resources etc.

China presently does have a high number of patents but that is only because they patent almost anything just to get them looking like they are innovators. Whereas, Japan patents which still ranks high is really about cutting edge technology and innovations. The problem with Japan is that most of these people with patents has no idea how to market them to the world. I personally know many of these innovators and they are just sitting on their patents that could change the world!!!!

China is NOT at the stage of the game to play innovators, their research centers currently are mostly great at taking someone's elses technology, strip them apart and finding ways to copy and claim it as theirs.

Right now the thinking is why spend money on research and innovation when you can copy FREELY in China???? and make fast bucks on someone's years of R&D?

]]> By: Edward Eng http://www.15inno.com/2010/02/07/ischina/comment-page-1/#comment-798 Edward Eng Mon, 08 Feb 2010 04:08:10 +0000 http://www.15inno.com/?p=1327#comment-798 Stefan, thanks for the mention. I agree with you that China will soon be an innovation hotspot. It's going to be an exciting time. =) =================== Edward Eng getchee Staff Writer <a href="http://blog.getchee.com" rel="nofollow">http://blog.getchee.com</a> <a href="http://www.getchee.com" rel="nofollow">http://www.getchee.com</a> =================== Stefan, thanks for the mention. I agree with you that China will soon be an innovation hotspot. It's going to be an exciting time. =)

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Edward Eng

getchee Staff Writer
http://blog.getchee.com http://www.getchee.com
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