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A comment on Was Germany’s 19th century industrial expansion due to an absence of copyright?. Parent comment
The best thing a 'catch up' economy can do is copy other, better companies from abroad.
But once you have to 'lead' in a sector, it's a lot harder if you can't recoup your investments.
China is leading in 5G and 6G patents for this reason.
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The best thing a 'catch up' economy can do is copy other, better companies from abroad.
But once you have to 'lead' in a sector, it's a lot harder if you can't recoup your investments.
China is leading in 5G and 6G patents for this reason.