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Is It Easier to Innovate In China than the US?

The answer to this is complicated but in some ways, yes it is easier.  The excerpted article below discusses exactly this.

About a year and a half ago, I discovered this $US12 “Gongkai” mobile phone (pictured above) in the markets of Shenzhen, China. My most striking impression was that Chinese entrepreneurs had relatively unfettered access to cutting-edge technology, enabling start-ups to innovate while bootstrapping. Meanwhile, Western entrepreneurs often find themselves trapped in a spiderweb of IP frameworks, spending more money on lawyers than on tooling.

Read the rest of this very interesting article on Gizmodo.

 

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