Patented in China. A Nice Report by Thomson-Reuters
| It seems like the nice folks at Thomson Reuters have provided us with a gem of a report written by Dr Eve Y. Zhou and Bob Stembridge. A gem it is indeed. It seems like the Chinese government are really pushing for an innovation economy by 2020. The incentives are there for companies to file their innovations as they are 1) paid for by the government and 2) further monetary incentives are being given to those who can successfully get patents registered in foreign countries too. Such incentives seem to be working too, at least so far in the areas of: Digital computers, Telephone and data transmission systems, Natural products and polymers, Computer peripheral equipment and the Fermentation industry. With quite a large amount of filings being made in the last ten years. I’m not too sure about the law being passed that will force foreign companies to file their innovations in China first or risk losing legal protection. Could this be a potential barrier that foreign companies, who wish to invest in the country, might have to face? On the other hand, at the rate China is going, will the country even need foreign companies in 2020? Only the future will tell. You can download the full report here: Patented in China the Present and Future State of Innovation in China |
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Add comment December 18th, 2008