"I thought that the attached short note from Deutsche Bank ("Venture capital: investment boom requires effective stock markets") provided a useful supplementary piece of information to the item you posted on Thursday about China's rising patent activity.


"It's too bad though unsurprising that China did not feature in the DB analysis. However, one would assume that it would be close to that of Japan. At any rate, it is a useful perspective that shows how the power of the markets can influence a nations' long-term competitiveness."

David Fuller's view Thanks, and I agree. There is no shortage of evidence that capitalism works better than any other system.