Citing legalese is not relevant here, we all know how the situation came to its current state, the real interesting question is how can things improve.
Citing legalese is not relevant here, we all know how the situation came to its current state, the real interesting question is how can things improve.
If you introduce a law like this, you effectively remove that IP from the company’s assets. Tech companies are valued largely by their IP.
No sane investor or startup will headquarter themselves in a country that has a law forcing their IP into public domain.
Investors won’t invest in and banks won’t loan companies to develop tech IP if there’s a law on the books that says they can’t sell that IP.
> The legal aspect is not interesting to me.
I can see that much. :)
The legal aspect is all important. Waving it away is ignoring the entire issue.
> the real interesting question is how can things improve.
The proposals so far would do nothing other than discourage development of new products in that country. Hardly an improvement.