> > Here are a few criteria by which to measure how well the system works: > > - How much innovation is happening in the US (a lot). > - How much innovation is happening in countries that have none of > these laws such as China (none). > > I'd like to challenge those rather absolute bullet-points; as I believe the innovation of the US doesn't come from patents, but from the ease of which venture capital can be raised and then of course the H-1B visa. Patents are primarily being used to block challengers (corporate arms race) and keep entrepreneurship at bay (due to prohibitive costs).
How do you arrive at the conclusion that there's no innovation in China? Have you been following what's been going on in China for the last decade? The economy will become the biggest in the world very soon, and keeps owning more and more of the US (currently 16.7% of the US' insane debt). Is it not simply the case that you don't see the innovation because you are not there? Much like, those of us in the west, don't realize that the ratio between English and Chinese language use on the Internet is almost on parity. Given that 50% of Ph.d. candidates in the US are foreign born, it should scare a lot of politicians to extrapolate what will happen as more and more of these start to go back home again. -- You received this message because you are subscribed to the Google Groups "Java Posse" group. To view this discussion on the web visit https://groups.google.com/d/msg/javaposse/-/TavhwZH9tTMJ. To post to this group, send email to javaposse@googlegroups.com. To unsubscribe from this group, send email to javaposse+unsubscr...@googlegroups.com. For more options, visit this group at http://groups.google.com/group/javaposse?hl=en.
