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Indigenous Innovation in China: Soup Will Not Be Eaten As Hot As Cooked

Will Freeman and Tom Miller assert for the Financial Times that China's economic nationalism is exaggerated:

"The State Council began to promote ?indigenous innovation??a plan to support the creation and commercialization of domestic technology?in 2006. Then in November 2009 a handful of ministries announced they would implement rules limiting government procurement to products with entirely home-grown intellectual property, trademarks and brands. Two weeks ago, MOST [Ministry of Science and Technology] backtracked on the most contentious elements of this plan. Intellectual property can now be licensed for use in China from abroad. Accreditation no longer requires that trademarks and brands are first registered in China. And eligible products no longer need to have technology that reaches or surpasses international standards."

Read messrs. Freeman and Miller's article here.

Full post as published by IP Dragon on April 30, 2010 (boomark / email).