US again leads the world in patents; China surges past Germany

By John Zarocostas Herald Foreign Staff  March 24, 2014 The United States retained its lead as the world’s most inventive country in 2013, accounting for 27.9 percent of all international patent applications, according to the World Intellectual Property Organization, which tracks patent applications in 148 nations. But China is closing fast, with a 15.6 percent…

Why China is not an innovation powerhouse?

By Guy de Jonquières, Special to CNN Editor’s note: Guy de Jonquières is a senior fellow at the European Centre for International Political Economy. This article is based on his recently published paper, Who’s Afraid of China’s High-Tech Challenge? Some of the sheen may be wearing off China’s miracle growth story as it faces a growing array of economic…