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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: mishedlo who wrote (26005)3/19/2005 6:36:50 PM
From: RealMuLan  Read Replies (1) | Respond to of 116555
 
Mish, what you said is true but outsourcing R&D indeed is having the cake and eat it too approach<g>. Why? The multinational companies using cheap Chinese/Indian brain labor to invent staff whose patent (IP right) will be registered/held under the company's logo, and the company will be the sole beneficiary for the future profit. The potential profit from the future royalty might be dozens of times higher than the one-time low salary the company pays to the inventor himself.



To: mishedlo who wrote (26005)3/19/2005 7:23:45 PM
From: Crimson Ghost  Read Replies (4) | Respond to of 116555
 
Mish:

Another masterful blog that tells it like it is.

None other than Warren Buffet has said that his class is waging a ferocious war on those lower down the income and wealth pyramid. And most of the latter still have not the foggiest notion of what is happening and why.


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