tag:blogger.com,1999:blog-5880610.post115444772071346749..comments2024-01-13T18:57:18.243-05:00Comments on Information Processing: Globalization: theory and an exampleSteve Hsuhttp://www.blogger.com/profile/02428333897272913660noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-5880610.post-12462957142812011442008-08-19T22:13:00.000-04:002008-08-19T22:13:00.000-04:00The second way we have outsourced the construction...The second way we have outsourced the construction of America is through globalization. Globalization is the condition that anything can be made anywhere and sold anywhere else, while capital moves freely and instantly from anywhere to anywhere. Global trade has been with us for millennia: we need only think of Spanish leather, Arabian horses, Baltic amber, Chinese silk, Egyptian linen, spicesAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-5880610.post-1154691578563608432006-08-04T07:39:00.000-04:002006-08-04T07:39:00.000-04:00IP laws are value substracted. There's no evidence...IP laws are value substracted. There's no evidence that their enforcement in a jurisdiction leads to more beneficial innovation.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5880610.post-1154632534375297862006-08-03T15:15:00.000-04:002006-08-03T15:15:00.000-04:00Jason,It's interesting to think about precisely wh...Jason,<BR/><BR/>It's interesting to think about precisely which areas of innovation will be harmed by lack of IP laws. At the moment, it is probably a net plus for them to have weak IP protection as they try to catch up. In many areas, like software, I would claim the patent system here is broken. Rather than fostering innovation, it is simply injecting noise and overhead!Steve Hsuhttps://www.blogger.com/profile/02428333897272913660noreply@blogger.comtag:blogger.com,1999:blog-5880610.post-1154508706005099352006-08-02T04:51:00.000-04:002006-08-02T04:51:00.000-04:00Hi Steve, I'm a little more skeptical about Chin...Hi Steve,<BR/><BR/> I'm a little more skeptical about China being able to create without the presence of strong IP laws, or at least uniformly enforced IP laws. The problem is not that the Chinese aren't original or stupid, the problem is that they're too smart :). It is far cheaper to just copy an idea then to do the grunt work to build it from the ground up. The costs of you being caught are Anonymousnoreply@blogger.com