China Alliance IP Best Practices Guide
In 2003, after beginning to look closely at the significant structural changes taking place in the
world economy and in the high-tech industry in particular, the Electronic Industries Alliance
(EIA) launched a major initiative: “The Technology Industry at an Innovation Crossroads.”
Together with our project partners from the public policy field, industry and academia – and
now in the legal field, EIA together with the China Alliance – we have taken a broad look at
the trends in high-tech manufacturing, design, engineering and research & development and
at the challenges facing our sector and nation.
Framing all of our work and analysis has been the idea that the core value of a knowledge-based
company or society must be innovation. While there is still much value in the sophisticated
and high-end manufacturing work done in the U.S., the reality is that we no longer live in
a nation in which the production of tangible goods is the leading economic force. In most
cases, the U.S. is simply not the most cost-efficient location for routine or commoditized
production. The best hope for the U.S. to maintain its edge against rising global competition
is by fostering and expanding our most prized intellectual asset: innovation. Innovation has
given the U.S. and the rest of the world wave after wave of technological advancement
and generated millions of high-skilled jobs. If we want to ensure that successive waves of
innovation begin in the U.S., we must respond to the challenge presented by other nations’
economic success and plan for the future.
The economic success of China and its unique role as a latecomer to Western traditions of
property rights, rule of law and free market economies poses the greatest challenges yet for
the U.S. and Western companies doing business there. The rise of China is the dominant issue
in global affairs and in the business world, and it requires an appreciation of the culture,
the history, the players and the political dynamics. It should come as no surprise that every
step taken by China as it rises in power is in its own national interest. The goal of industry
leaders must be to nurture their relationships with the nation and address mutual concerns,
but always with the notion that the interests of a multinational corporation and those of
China’s government may not coincide neatly in every case. To obtain a complete copy of this Best Practices Guide, contact Maria Desloge at
mdesloge@china-alliance.com |