ALTHOUGH CHINA STARTS TO INNOVATE FOR THE WORLD, IPR PROBLEMS STILL REMAIN A CONCERN
When conducting business in China, intellectual property protection (IPR) is one of the essentials one needs to pay attention to. In the 1990s and early 2000s, when China was trying to boost its economy and become more important global player, IPR infringements were an important part of that stage. In one of his books, market analyst Shaun Rein describes this as the copycat stage – when the easiest way to get ahead and please the was to simply copy (or get inspired) by successful business models, technology, fashion items, etc.