Bill Belew has raised 2 bi-cultural kids, now 34 and 30. And he and his wife are now parenting a 3rd, Mia, who is 8.
The commissioner of the State Intellectual Property Office (SIPO) said, “It took Britain 300 years, the US 200 years and Japan 100 years (to establish effective IPR systems).”
China needs time to catch up.
But, isn’t China like a whole lot older than Britain, the US or Japan?
Why isn’t China setting the standard instead of playing catch up?
Still, the SIPO realizes that China needs to get serious about protecting IPR – “If we cannot effectively protect IPR, the biggest victim will be the Chinese themselves.”
Finally figured that out, eh? AFTER so much has been sucked out of other companies’ IPRs.
SIPO says – “IPR infringement is a problem, but it is not as serious as some other countries say. To a certain degree, the issue has been hyped-up, politicized.”
That happens when you are the one losing money. How much has China lost in IPR violations?
Still, the number of patents registered in China by the US, Japan, and Korea is growing – 10-30% each year.
There is trust…only because money can be made even IPR is stolen.
China cannot, must not let up on protecting IPR.
What do you think?