Will China be the new Innovation leader?
First of all, my apologies for not posting much lately.
In my last post, I talked about how China could potentially be the world’s next leader.
Well, I’m back on this topic again. The New York Times, dedicated an article to China and the opening up of new opportunities for this country. Last November, a document called the “National Patent Development Strategy (2011-2020)” was published by the State Intellectual Property Office of China.
This document can bring along significant changes for the Chinese economy and its place in the world. China is known worldwide as the “low-cost” workshop, where computers and other products designed elsewhere are built.
This could change, and this documents sets a target: China’s goal for annual patent filings by 2015 is two million.
The publication of such document and the ambitious goal set in motion the process that could make China the new technology innovator and become the leader, to the detriment of the US and its prestigious Silicon Valley.
I’d say, let’s just wait and see. If you have any thoughts you’d care to share, leave a comment.