I found this graphic on X, unfortunately without an exact source. Nevertheless, it confirms what we all know and can verify economically: the place of production is no longer the place of innovation. China has become a real magnet for patents and innovation, no matter how you get them. We must offer better framework conditions in our countries in the West, push back state activities and interventionism, reduce taxes and finally live meritocratic values so that innovators can successfully produce here.

#usa #EU #china #innovation #nostr #bitcoin #grownostr #economy

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Do you remember those days when china copied our tech? 😂

(disclosure: patents are dumb anyways)

Long long time ago...