"For years and years, US executives, politicians and diplomats have been berating China for "not respecting intellectual property." And, all along, we keep warning that those same folks are not going to like it if China actually did what they're asking it to do. ... Just wait until American companies, whose execs complained about China "not respecting intellectual property," start getting sued in East Texas for violating Huawei's patents."I recently wrote on this developing issue "China and Chesapeake Energy - A Precursor to the Demise of the US?". The US may be "top dog" for now, but constructing "bulkheads" (ACTA) to prevent the erosion of US intellectual property will eventually be self-defeating. Bulkheads in the long-run eventually succumb to natural forces. This will become a lesson in being careful of what you ask for.
Friday, October 15, 2010
Hand Writing on the Wall
A pleasant surprise from TechDirt noting that China is getting on-board with so-called intellectual property. TechDirt, in the article, "Once Again, Be Careful What You Wish For: China Learning To Use Other Country's Patent Systems" writes: