{"id":654,"date":"2013-12-02T08:01:07","date_gmt":"2013-12-02T08:01:07","guid":{"rendered":"https:\/\/sagaciousresearch.com\/blog\/?p=654"},"modified":"2022-09-26T05:47:45","modified_gmt":"2022-09-26T05:47:45","slug":"read-how-china-other-countries-are-emerging-as-tough-competitors-for-us-in-the-innovation-economy","status":"publish","type":"post","link":"https:\/\/sagaciousresearch.com\/blog\/read-how-china-other-countries-are-emerging-as-tough-competitors-for-us-in-the-innovation-economy","title":{"rendered":"Read How China & Other Countries Are Emerging as Tough Competitors for US in the Innovation Economy"},"content":{"rendered":"\n

The competitive challenge from East Asia has threatened the balance of the world’s inventive and creative power. Europe’s dynamism is fading and America looks vulnerable. Nations which are emerging might be termed the Western Pacific nations. These include Japan, China, and South Korea in the north and Singapore, Indonesia, Australia, and New Zealand in the south.<\/p>\n\n\n\n

In past 20 years, Australia, Singapore, South Korea, and Taiwan have all experienced a dramatic expansion in technological and scientific capabilities. In 2011, the combined R&D investment in public and private sectors within this zone exceeded that in North America for the first time. In 2009, total patent applications made via the PCT Route from applicants in these nations also exceeded those from North American applicants for the first time. But a significant proportion of the new innovative capacity in the region is attributable to China which has re-emerged as an innovation powerhouse.<\/p>\n\n\n\n

\u2022 In the three provinces of China – Jiangsu, Shanghai, and Tianjin, business R&D spending exceeds that of Italy and Spain, not only in absolute terms, but even in per capita terms. Thus, there will be greater R&D investment in China than in the US.<\/p>\n\n\n\n

\u2022 The country hosts more industrial researchers than Europe. Chinese authors already publish more scientific papers a year in the fields of physics and chemistry than American authors do.<\/p>\n\n\n\n

\u2022 Shenzen, in China\u2019s Guangdong province, has just surpassed Silicon Valley as the world’s most prolific cluster for international patent applications<\/a><\/strong> relating to information and communications technology.<\/p>\n\n\n\n

\u2022 In 2013, there have been more patent applications made through the patent co-operation treaty involving Chinese inventors than there were involving German inventors.<\/p>\n\n\n\n

\u2022 Two Chinese firms based in Shenzen \u2013 Huawei and ZTE \u2013 have recently joined the top five companies globally across all industry sectors by annual volume of international patent applications.<\/p>\n\n\n\n

Our Services:<\/strong>
Patent Drafting Support<\/a> | Fixed and Cost-effective Patent Searches | Patent Searches<\/a> | Prior Art Search | Bio-Sequence Patents<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The competitive challenge from East Asia has threatened the balance of the world’s inventive and creative power. Europe’s dynamism is fading and America looks vulnerable. 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