The legal aspect is not interesting to me. I am more interested in "What are you going to do with that IP?".
Citing legalese is not relevant here, we all know how the situation came to its current state, the real interesting question is how can things improve.
Right, this is why I’m trying to tell you that you don’t understand how bankruptcy works with tech companies. The IP is an asset which is sold off to recoup money which goes toward the company’s debtors.
If you introduce a law like this, you effectively remove that IP from the company’s assets. Tech companies are valued largely by their IP.
No sane investor or startup will headquarter themselves in a country that has a law forcing their IP into public domain.
Investors won’t invest in and banks won’t loan companies to develop tech IP if there’s a law on the books that says they can’t sell that IP.
> The legal aspect is not interesting to me.
I can see that much. :)
The legal aspect is all important. Waving it away is ignoring the entire issue.
> the real interesting question is how can things improve.
The proposals so far would do nothing other than discourage development of new products in that country. Hardly an improvement.
No founder is going to pay too much attention to what happens if they go bankrupt. They will be focused more on succeeding. Anyone that takes this into account probably deserves to go bankrupt
Unproductive discussion, I see. Seems like you are a protector of the status quo. To me it's blindingly obvious things are stuck and should be shaken a bit.
Citing legalese is not relevant here, we all know how the situation came to its current state, the real interesting question is how can things improve.