Don't Expect Apple-Like Innovation in China
Some interesting quotes from tweets and blogs in China, as featured in the WSJ Asia Technology article "China Frets: Innovators Stymied Here":
"Chinese companies can be expected to have the market valuation and business model like Apple's within a decade, but it will be difficult to expect any type of Apple-like innovation."
"If Apple is a fruit on a tree, its trunk is a society whose legal system acknowledges the value of intellectual property, its branches are the freedom to think and create, and its root is constitutional democracy. An authoritarian nation may be able to build huge projects collectively but will never be able to produce science and technology giants."
HT: Scott Lincicome