Re: Japan Leads China in R&D Expenditures!!
- From: PaPaPeng <PaPaPeng@xxxxxxxxx>
- Date: Wed, 13 Sep 2006 13:37:17 GMT
On 13 Sep 2006 02:15:45 -0700, "James" <zhanzhao@xxxxxxxxx> wrote:
One merely needs to go to Akihabara and Shanghai (I would consider
these 2 the best places to shop for unique products), and compare the
shopping experience, to realize why R&D is not as high in China. In
Japan, they can barely satisfy internal demand for the new and unique,
regardless the cost. Wheras in China, price is king.
But to give China credit, R&D on more efficient ways to copy other
products IS R&D as well lol.
Actually, though, a more accurate gauge would be to measure their
manufacturing cost against R&D cost.
***In 2003, R&D expenditure was 2.59% of GDP in the United States,Who needs R&D when there are no/weak/unenforced intellectual property
3.15% in Japan, while it was 1.31% in China.***
laws, and no tradition of respecting intellectual property?
Verno
That remark on price is king is a very valid observation. In China
consumers demand the latest in technology or fashions. Any outside or
western producer wanting seeking to succeed in the China market has to
offer their latest models or else fail. Chinese manufacturers know
this and will quickly reproduce or copy what ever sells at comparable
quality and functionality but at a fraction of the cost. Things
change so fast that what is hot now can be passe' six months down the
line. This being a global economy new and exciting products are
coming from all directions. Why bother with R&D to produce unique
products? And uniqueness is usually only an incremental improvement
not something fundamental. Put you money in whatever the market
already shows there is a demand for.
But as the figures show, China is not slow in investing in R&D either.
The only dispute here is a matter of degree, that China should spend
more. In China R&D spending is in major projects such as alternative
energies, pahrmaceuticals and biosciences, space engineering, mass
transportation, stuff of infrastructure instead of consumer gimmicks.
These rarely make the headlines or generate consumer interest.
The second cliche' about China is that she is very conscious of value
for money and rarely if ever spend money on projects that may be
interesting but have no obvious promise for a good return.
.
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