- Plentiful foreign capital with different risk horizons invest in our companies: We see a number of small technology companies being usurped by foreign investors while domestic investors shy from the risk levels inherent in a severe recession. The IP flows to the foreign investor.
- Foreign students work in our companies only to leave later: super students leverage the openness of our commercial system by doing internships, only to return home where prospects are brighter, taking with them the company’s “inside knowledge”.
- Commercial spying: not surprising in the face of recent announcements of “too far” advanced weaponry and “out-of-nowhere” sophisticated high speed trains being produced in other countries.
- Over-zealous exporters: Selling products that are banned for export is one thing. It is another to sell products where components are banned and unaware of restrictions.
- Manufacturing overseas, expecting your supplier won’t become your next competitor: The rest of the world does not have our sensibilities (maybe now defunct) where suppliers and service providers are not suppose to compete with their customers. PlazaBridge Group promises to NEVER compete with our clients.
- Ireland-like exodus of young professionals: When allowed, human resources flow to the greatest opportunities like money flows to the highest returns.
- Neglected IT security measures: Small technology startups, doing real innovative work, do not necessarily have the staff or time to guard against sophisticated internet threats.
- Universities protecting their revenue streams: U.S. government grants (your taxpayer money) go to university projects performed by increasingly more foreign graduate students. I still don’t understand how our tax money can go to grants that benefit individuals (e.g., academicians with IP ownership rights)
- Commodity-like trading of patents: what happened to using patents to protect EFFORT as much as intellectual endeavor? Will we trade thesis’s next?
- The veteran engineers, seasoned managers, venerable craftsman and retired executives are ignored as out-of-date and just fade away and die.
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Jeff Bezos once said, “If you never want to be criticized, for goodness’ sake, don’t do anything new.” In today’s rapidly evolving