I know people like to say that it is American companies that innovate and Chinese companies just copies.
This may be true in certain areas, but I think some Chinese companies do take the idea and then they iterate on the product to the point that it outshines the original product all while the original company refuses to act.
Sure there are initial product R&D cost overheads but I don't believe that's the only reason they are not competitive.
This may be true in certain areas, but I think some Chinese companies do take the idea and then they iterate on the product to the point that it outshines the original product all while the original company refuses to act.
Sure there are initial product R&D cost overheads but I don't believe that's the only reason they are not competitive.