Posted on 07/20/2018 10:26:52 AM PDT by 2ndDivisionVet
the United States takes action now to improve its innovation and commercialisation processes, it will lose its leading position by all measures of innovation by 2029, the authors of a new report have claimed. The outlook is similarly gloomy for the EU and the UK, with the study predicting that East Asian countries – mainly China and South Korea – are set to race past their western counterparts in patent grant numbers, patent quality growth, and return on R&D spend, among other metrics.
Jointly produced by the Center for Advancing Innovation (CAI) and PatSnap, the Innovation Arms Race 2018 report analyses a number of innovation indicators – such as patent effectiveness, patent efficiency and patent grants per capita - to determine which countries are the current, and will be the future, global innovation leaders. Among several important revelations, it finds that the US, EU and UK are clearly trailing behind as countries from Asia outperform those in the West.
On pure application volumes, the US and EU are still major players, but they have long since lost the leading position to China, which became the top filing destination back in 2011. Both were then overtaken by China by total number of grants in 2015, while also continuing to lag in growth compared to East Asia as a whole. As seen in the graph below, it is forecast that the gap between China and the US will expand at an exponential rate, while South Korea is also set to overtake the US by number of patents issued within the next two decades. India, Israel and Singapore, however, are the countries expected to experience the highest growth in patent grants through 2035.....
(Excerpt) Read more at iam-media.com ...
China seems to be regressing a bit, but South Korea, I can believe it.
That’s funny. My crystal ball sez China will be a sea of glass by then.
But mine may need new batteries.
Comments? Yea, who will the Chinese steal their ideas from?
Generally, it appears the authors assume stasis by the US and growth on a continuously increasing curve by China and SK.
Those who believe that should invest in China and SK, and liquidate any investment they have in the US. It would be the only sane thing to do.
If they actually believe it.
“China and South Korea will displace the West as the world’s innovation leaders by 2029”
Sssssoooooo, Science, Technology, Engineering, and Mathematics (STEM) are so passé. Do the kids in China and South Korea know ALL about anal sex, abortion, and all the proper “preferred pronouns?” No....I didn’t think so, so they can’t be that smart.
My apologies to the moderators but my comment here is >bullshit<.
China doesn’t innovate, they mimic and steal ideas that are created by other people. South Korea has some wonderful companies but what they do is produce products that are mostly designed in the USA.
These people do very little innovation of their own mostly because creativity and innovation are shameful behaviors in their cultures.
No more 'Oppa', 'Hyung', 'Noona' and 'Unnie'.
Ping for your interest.
What happen to the Japan will run the World thing ?
The 2011 America Invents Act seriously damaged the value of American patents. They are no longer secure.
They are now subject to innumerable challenges after they have been issued, costing firms millions of dollars to defend them in the PTO’s post issuance tribunal, the Patent Trial and Appeal Board.
None of the legal protections of normal Article III courts exists in this PTAB court. There have been cases of stacking the board to get outcomes desired by senior PTO officials. Patent owners have been denied discovery in these trials.
The PTAB is being called “the Patent Death Squad” because it has an incredibly high rate of invalidating patents- IIRC it approaches 90%. And it appears to be acting as an agent of patent destruction for the benefit of tech giants that prefer not to pay for the intellectual property that they incorporate into their equipment.
The tech world shamelessly calls this “efficient infringement”- meaning that it costs less to steal IP and defy the infringed firms from collecting in court, than it is to pay a royalty for the use of the patented IP. And if you can get the PTAB to invalidate the patents that you are using then you are home free. This was especially true when Obama had Google’s Michelle Lee running the USPTO.
The net result of this is that firms are now seeking patents outside of the USA instead of here. There is no point for small firms to develop new technology only to have it stolen, blatantly, and too often with what appears to be the assistance of a (corrupt) government agency.
Our public schools make it likely that the USA will lose the edge in innovation. Many of the brightest go through non PS paths of education but there are not sufficient of them and the less motivated but equally brilliant lose out and our pool of effective genius is shrinking. Once upon a time when we used immigration to our benefit, we induced the young wizards of the world to get their higher education at American universities which were the best in the world, then we kept them. Gave them resident status and hired them in our leading edge companies so that the USA had a near monopoly on the smartest most innovative people in the world. Now we are in a dither to push them back to their home countries and we lose that pool of innovativeness and capability while enhancing those qualities in the rest of the world. We are not losing our edge so much as giving it away.
I’m not sure about China but South Korea sure will.
It’s the result of our willful destruction of our education system by three major policy decisions made in the 60’s and 70’s.
To advance students based on entitlement instead of merit.
Telling students what to think instead of teaching them how to think.
The elimination of discipline in the schools.
We used to have the best school system in the world many advancing nations have modeled their school systems on that model in particular South Korea. Meanwhile we have embraced the old discarded Soviet school system of selected entitlement over merit.
Fake News! China doesn’t now and never has innovated. They are parrots and are great at copying and maybe making a process more efficient (if you find slave labor acceptable). I think the fear of China taken over comes from people who don’t know many Chinese people
For China, all semblance of tech innovation is due to tech transfer, both legally and illegally, from the US. Period.
South Korea, it’s like Taiwan. Stolen tech for the most part, with use of our research colleges to develop the other part.
But, all the experts know that Brazil will replace the US as the global economic engine by 1970. Why, they even made a spiffy new city shaped like a jet airplane!
The article rightly mentions the bottleneck of the US patent office.
This, like every other part of our government has been taken over by leftists and globalists. These forces are doing all in their considerable tax-supported power to bring the US into a third nation status.
Our patent office is answering to our proven very corrupt Military-Industrial-Academic-Intelligence deep swamp. They kill the most innovative scientific advances by denying patents through placing them into the black hole of “national security,thus smothering them in secrecy. Those filing these patents are ordered to quit work on these projects or be prosecuted.
Instead, the government funds research that is steered to where the most powerful lobbyists want it to go.
In addition to that, we find our own government funding some basic foreign research. These foreigners are granted patents in their own countries.
And, finally, we are subsidizing China and most other nations by letting them come to our best research universities and pick the low hanging fruit of our research and technology and sending it back to other countries. The slickest operators in this “friendly” academic and industrial espionage have always been Japan and China.
We are literally giving away our intellectual property to our enemies. We always have and we must stop.
And finely, in my opinion we must eliminate all the rules and regulation against the lone inventor and small businessmen who do most of our primary invention.
We must realize that most of our highly innovative high tech is created by individuals working in their garages or small home hobby shops.
Can we change this? We’d better or we will be swamped by first class innovators that don’t like us very well.
‘
Yes, sure, could happen for South Korea. China - not so sure. The US will still be in top 10 as innovators, so I think there is little to fear.
>Comments? Yea, who will the Chinese steal their ideas from?<
The Chinese will of course steal ideas wherever they can.
But, we must always remember the history of Chinese science and technology is this: At one time they were the world’s most advanced innovators and technologists. Reading Marco Polo will demonstrate this.
Very few know that during the Sino-Japanese war of the late 1930s that the Chinese Nationalists had their main manufacturing infrastructure almost totally destroyed by Japan, whose aircraft, navy, and army hit the coastal areas where Chinese commerce and manufacturing were located.
So, the nationalists loaded entire factories on the backs of coolies and transported it beyond the range of Japanese aircraft. Then the Chinese worker bees went to work.
First, they built small and crude refineries out of 55 gallon steel oil barrels, and produced a surprising amount of fuel for the Chinese armies.
They smelted enough iron and steel in small, almost backyard sized smelters to produce machinery and other war goods.
They built trucks and other vehicles in caves.
Never make the mistake that China cannot innovate. Watch them build on our technology just like Japan did on our automobile and other industrial works. And never forget how Japan, and now China is innovating on our once leading electronics industry.
WE in the US have to openly discuss the dynamics of innovation. The we must turn that discussion into Action.
That means meeting those of like minds and getting off of our fat and soft asses and get busy in our garages and small business shops.
Can we do it? Only history will tell us.
Japan’s population is shrinking. Less babies are being born.
Japan’s (mostly) one race culture is not allowing much foreign immigration to supplement the retired workers. The retirees are soaking the medical system mightily.
Japan, just like Italy, may be close to dropping down in influence due to the reduction of native born who desire to promote and continue the traditional lifestyles of generations past. Do not forget Portugal used to be one of the main epicenters of world trade and monetary power. That country still exists on the map, but mostly as an afterthought for tourists.
Diversity is draining the US of creativity, individual thought, humor, and freedom of speech. Add to that the percentage of innovations that have occurred in colder-weather climates. South Korea has had a remarkable history since the shooting stopped. I could envision a united Korea as being a very powerful and successful nation.
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