According to this article from The Economist, the answer is not clear, as the quality of those filings cannot be assessed. Yet, it looks like the Chinese are understanding the role and importance of patents for innovation and economic development.
In addition to the old (and still critical) work requirements of mastery (education and experience), talent, work ethic, character, intelligence and flexibility, this article highlights additional requirements that are needed today: connectedness, communication, and collaboration. A must read by those in the workforce as well as in academia (for these 5 drivers need to be developed in the future generation of workers who are in universities now!).
I could not believe it, but appears to be right. Acoording to this Economist article http://www.economist.com/news/business/21568753-world-less-connected-it-was-2007-going-backwards?fsrc=scn/tw/te/pe/goingbackwards the world is going backgwards in connectivity – it is less integrated in 2012 than it was back in 2007.
“These are the conclusions of the latest DHL Global Connectedness Index, which found that the Netherlands is the most globalised of 140 countries (see chart), just ahead of Singapore; landlocked Burundi is the least. (North Korea was not ranked.). The index measures both the depth of a country’s connectedness (ie, how much of its economy is internationalised) and its breadth (how many countries it connects with).” Apparently this is due to the 2008 world financial crisis.
Finland replaces Sweden at the top. China and Brazil moving up but not surprisingly for some of us, the US is moving down to the seventh position. The graphic says it all… Worth reflecting upon.
From The Economist (June 5 2012)
GDP has measured wealth of countries for over 70 years. A new OECD index, called the “Better Life” index includes other dimensions of ‘wealth’. The Economist has grouped the 11 sectors of this new index into four broader categories. America excels most in money and jobs, Switzerland in health and education.
From the Globalist – amazing how these two countries have followed similar paths.
The Economist Intelligence Unite (EIU) and Citi (formerly Citibank) just released a report on the world’s most ‘competitive cities’. Not surprisingly, one of the findings is that the most important advantage for developing country cities is their ability to develop and attract talent. Other findings include NYC ranked fourth and Paris as the top European city (22nd place), while Tianjin is highligjhed in the report Hot Spots as economically the strongest city in the world. The findings of the survey are thought to be useful to the financial sector but less so to manufacturers. Here’s the list (more at Most Competitive Cities- MetroNews March 12 2012):
1) New York City 2) London 3) Singapore =4) Paris =4) Hong Kong 6) Tokyo 7) Zurich 8) Washington 9) Chicago 10) Boston 11) Frankfurt 12) Toronto =13) San Francisco =13) Geneva 15) Sydney 16) Melbourne 17) Amsterdam 18) Vancouver 19) Los Angeles =20) Stockholm =20) Seoul