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Business/Financial

Intellectual Property Commission Warns Of Chinese Espionage, Calls For Stronger Response

Gally Articola

Thursday, May 23rd, 2013

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The independent Commission on the Theft of American Intellectual Property released a report Wednesday detailing the scope of intellectual property (IP) theft, the role of the Chinese and more active ways for the United States to respond. “If less innovative foreign companies can reap the profits of U.S. research and development and innovation, we will lose our competitive edge and eventually experience a decrease in incentives to innovate altogether,” co-chairs former Director of National Intelligence Dennis Blair and former Ambassador…

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