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Why is it so easy for an industry in a country to be destroyed?

2020-11-11View Original

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Why is it so easy for an industry in a country to be destroyed? Once it’s discovered that a certain product in a particular industry can generate profits, everyone rushes to get involved, competing on low prices, and eventually it becomes difficult for everyone to make a living...
Reply #22020-11-11
Patent protection is indeed one aspect of the issue: it simply doesn’t provide sufficient protection, and most people don’t have the time or resources to pursue their rights, as the costs associated with doing so are too high while the penalties for breaking the laws are too low! Regarding intellectual property protection, if no serious efforts are made, few people will be willing to innovate; it is very distressing when the results of one’s hard work in innovation are easily copied by others
Reply #32020-11-11
China’s patent system fails to effectively protect the interests of patent holders; instead, it has become a \"stage for displaying technologies\" and a \"place to show off technological achievements,\" providing guidance for those who steal technology.
Reply #42020-11-12
Yes, those who contribute to everyone:lol:lol
Reply #52021-03-21
The lowest bid wins; it’s not a competition based on quality alongside price, but merely a price comparison, and as a result the industry suffers.

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