In the short span of the 21st Century, the world’s two top powers, the United States and China, have moved inexplicably toward a showdown. This evolved from a commercial competition into something more akin to permanent non-kinetic warfare. What does this mean for US business doing business in and with China? In this special 5-part Series, Tom Fox and Brandon Daniels, CEO of Exiger, a leading global third-party and supply chain management software company, explore issues diverse as a real danger, supply chain, exports, cyber-attacks, and IP theft from the business perspective and give the compliance and business executive their viewpoints on what you can do to not only prepare your company but protect it as well. In Part IV, China’s aggressive tactics to steal intellectual property, we consider the responses to protect the US’s IP and how to take aggressive action against the Chinese government to seek remuneration for stolen assets.
What are China’s aggressive tactics in stealing intellectual property from countries all over the world? Through intelligence gathering, academic partnerships, and supply chain buyouts, China has managed to copy and counterfeit American business products and other technologies. Companies must harden their defenses and refuse to stand for IP theft by using the Rule of Law to take a stand against the theft of US intellectual property. Through a concerted effort, companies can fight back and reclaim their assets.
Key Highlights:
1. How is China aggressively stealing intellectual property and technology?
- How is counterfeiting built into the Chinese economic model?
- Why is the Rule of Law a critical recourse for companies whose intellectual property is stolen by China?
Notable Quote
“We foment innovation everywhere; anyone, anywhere, can be an innovator, can invent, and can end up getting the rewards from that.”
Resources
Tom Fox
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Other episodes in this Series:
Episode 1-From Potential Conflict to Real Danger
