Capital flight is happening now due to weak IPR
CSIS 21Center for Strategic & International Studies paraphrasing Paul Redmond Michel, former Chief Judge of the U.S. Federal Court of Appeals, J.D. @ Virginia School of Law, Assistant Watergate Special Prosecutor, professor @ GWU Law School, author of Patent Litigation and Strategy, judged several thousand appeals and authored more than 800 opinions, one third concerning intellectual property law, Hall of Fame @ Intellectual Asset Management, former Special Advisor to the Patent Reform Task Force., "2021 U.S. Innovation Competitiveness Summit", Center for Strategic & International Studies, 09-14-2021. https://www.csis.org/programs/renewing-american-innovation-project/featured-initiatives/2021-us-innovation. Accessed on 6-28-2024 by NT-JJ.
Stop weak IP related Capital Flight :Judge Michel also suggested that weak IP rights have caused venture firms to slow investment in areas that deal with patents (like critical technologies) and invest more heavily in trademark/copyright protected fields like entertainment, or in other countries with stronger IP rights.