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Let’s Compete on Innovation Rather Than Patents

TechCrunch: The Chinese government has initiated a nationwide program to make China the world leader in patents in every important industry. The New York Times reported that the government is offering cash bonuses, better housing, and tax breaks to individuals and companies filing the most patent applications.

The reality, as I explained in my BusinessWeek column China Could Game the U.S. in Intellectual Property, is that patents will neither make China more innovative nor benefit the global economy. Just as the vast majority of China’s academic papers are plagiarized or irrelevant, so will its government-sponsored patents be tainted.

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