The murky world of intellectual property
An Austrian court convicted an engineer last month of stealing technology from American Superconductor (AMSC) and selling it to a Chinese company, Sinovel Wind Group Co. AMSC makes control systems and other advanced electronics, and had developed the software specifically for Sinovel's turbines. Sinovel was, till recently, a major customer of AMSC, and accounted for nearly 80 per cent of its sales. Sinovel slowly stopped buying AMSC products, which the US company felt was the result of theft of its technology. Companies try hard to protect their intellectual property (IP) in various ways.
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