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ID number:642069
 
Evaluation:
Published: 13.05.2005.
Language: English
Level: Secondary school
Literature: n/a
References: Not used
Extract

There are more than twenty thousands factories producing hardware. However, less and less factories pay the money on innovation because it is not worth to do and it is too easy to copy. Therefore, there is a strange phenomenon that is more than hundreds of factories producing the same products, and the style and techniques are similar. They became the competitors each other. That is bad condition for small business growing up. Fortunately, Chinese government care intellectual property rights more than before. So more and more foreign company are likely to invest in China, like some Franchises Corporation. Otherwise, Chinese entrepreneurs are rewarded for innovation and industriousness and calculated risk.…

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