The Week In 5G: 2/6/2019 – Verizon Cuts Latency In Half, Cisco Targets Agriculture, U.S. Needs More Mid-Band Spectrum
Cited in RF Globalnet:
“The problem, though, is not the existence of a patent system but the ever-expanding power of the patent laws, which encourage companies to pour dollars into complex patent licensing and assertion schemes—as companies like Qualcomm have done—rather than to perform the hard work of building new technologies. When innovation in patent strategy is more profitable than actual innovation, we lose the race to 5G and other technologies,” wrote Charles Duan, Director of Technology and Innovation at the R Street Institute.
In contrast, Duan stated that China grants subsidies and financial benefits to encourage its citizens to file for patents, in addition to outspending the U.S. by $24 billion and earmarking $411 billion in 5G investment over the next decade.