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The article, "Trading In Junk Bonds for a Charter School," could have been called "Trading a Worthless Idea Into a Charter School".
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And the generosity of China's incentives for patent-filing may make it worthwhile for companies and individuals to patent even worthless ideas.
Chinese academics, companies, and individuals have strong incentives to patent worthless ideas: with more patent grants, professors gain tenure, workers and students gain residence permits to live in a desirable cities, corporate income tax is reduced from 25%to15%5%, and companies win lucrative government contracts.
I received a comment asking that if I really thought ideas were worthless, why did I bother to copyright my book, "The Entrepreneur Equation"?
Your idea is worthless without them – accept that now and nobody gets hurt.
That's why your idea is worthless - it is the execution that is everything.
In the Valley it is well understood that ideas are worthless and that execution is what builds value.
In my view, it's not that ideas are worthless per se, it's that they're never more than a starting point, a launchpad.
Ideas are worthless anyway.
XX) Ideas are worthless.
Remember Laura: Ideas are worthless.
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CEO of Professional Science Editing for Scientists @ prosciediting.com