If you truly desire cold-blooded maximization of the profit potential of your idea, it is available only outside of the Intellectual Property Rights system.
Before I get to that, let's restate a point people miss: The idea that the low labor rates in 3rd world countries is a factor in international trade is strictly the result of social conditioning. People believe it because they have been told it, over and over. If labor was the reason we go overseas, how come Burkina Faso is not our #1 source. You can get people for six cents a day there...
What matters is cheap management, not labor. Management costs cover everything except the cost of labor. Here is the insidious element in believing in cheap labor as a factor: if cheap labor matters, then you are necessarily engaging in exploitation. This idea lowers your spirit to the level of exploiter, which draws you into the orbit of intellectual property rights. What follows hence is non-disclosure agreements, non-compete agreements, intellectual property rights registrations, lawyers, lawsuits, suspicions, barriers to entry, ad nauseum. The orbit is degenerative.
The fact is in most countries we deal with labor rates are at par or higher. And where they are lower, they are merely nominally lower, not lower as a material factor. In fact, it is almost impossible to sustain a business that does depend on cheap labor.
So the crazy thing is people assume cheap labor is a factor, proceed apace, get sucked into the evil orbit of intellectual property rights regime, and then go neanderthal in their sensibilities, and who knows what happens after that. Vote republican? Ideas have consequences.
As I have mentioned elsewhere, if you have a smashing new idea, get any IPR so that you may immediately open source it and then encourage your factory to sell it everywhere to everyone as much as possible, at 5% above the price they quote to you. You make money off your idea commensurate with your promotion of the idea.
Why would a factory do this? The question comes from the trapped in a degenerative orbit outlook. But here is the simple answer: because they want more business.
Feel free to forward this by email to three of your friends.
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