Back in the '70s, when Japanese companies were wiping out U.S. consumer electronic companies, one statistic in EETimes was the relative ratio of lawyers to engineers in each country. The number I vaguely recall was that per population the U.S. had 20 times the number of lawyers relative to engineers than in Japan.
40 years later, I'm sure this ratio has increased even more as can be seen by all the patent and IP litigation. Our industry has turned into a real cash cow for lawyers. In addition, the U.S. has farmed out many engineering jobs to their subsidiaries in Asia, as well as bringing in cheaper foreign engineers because of "skill shortage".
China I'm sure has an even lower number of lawyers and higher number of engineers, so we can expect that soon it will be making U.S. technology irrelevant.
Lawyers can be a very heavy financial burden on a country's economy. This kind of legal action causes companies to stop development while preparing legal briefs, "dropping their gloves and fighting", like in hockey. Mind you, like in hockey, it does have entertainment value. I'm sure the Chinese find it amusing.
It's the sort of story you would expect in MAD magazine. The U.S. politicians seem to have the "What me worry?" attitude.
The Other Tesla David Blaza5 comments I find myself going to Kickstarter and Indiegogo on a regular basis these days because they have become real innovation marketplaces. As far as I'm concerned, this is where a lot of cool ...