One is that Shanghai started out as a leader in patents in the 1980s but ended as a laggard in the 1990s. The other is that Shanghai was showered with resources from the central government. With massive investments, a world-class infrastructure, and substantial FDI inflows, Shanghai does not seem to have much to show in an area that increasingly matters in China's competitive economic landscape – the ability to innovate and to upgrade technology and products.
