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Why the US and China Fight Over Intellectual Property
Video

Why the US and China Fight Over Intellectual Property

CNBC, 2020


Editorial Rating

8

Qualities

  • Applicable
  • Eye Opening
  • Bold

Recommendation

Patented and trademarked ideas fuel the modern world economy – especially the digital economy. On the threshold of more transformative technologies, the major economic powers, notably China and the United States, hotly compete for intellectual property rights. In the US, trademark applications have nearly doubled in less than 20 years, and innovative industries inject trillions into the US economy. In this CNBC report, international technology reporter Elizabeth Schulze clarifies why China has become America’s main intellectual property competitor and what the US can do about it. 

Take-Aways

  • In the United States, protecting intellectual property rights dates back to the Constitution.
  • The design of the US trademark and patent system encourages innovation.
  • American concerns about intellectual property rights and fraudulent trademarks and patents are increasing.

About the Speaker

CNBC International technology correspondent Elizabeth Schulze reports daily from her London base across CNBC’s television, digital and social platforms.


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