Monday, November 09, 2009

R&D in China: No Genuine Research, Only Development Thanks to Poor Execution IPR Laws

New Europe reports about EU firms' enthusiasm about China's market prospects and their concern about the execution of the IPR laws in China.

“China’s intellectual property laws are not bad. The problem is their implementation,” [EU’s Chamber of Commerce in China (EUCCC) President Joerg] Wuttke said. One result of the poor execution of IPR laws is that companies don’t conduct “genuine” research and development in China, he said. “Companies build R&D centers, but the focus is on development, not really on research,” Wuttke said. “For the research part, companies are more willing to transfer Chinese scientists elsewhere to guarantee IPR protection.” "

Read the New Europe article here.

1 comment:

Anonymous said...

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Singapore Properties.