Confronting China’s IP Counteroffensive
Article

Confronting China’s IP Counteroffensive

Wang-chan Wong
Ivey Business Journal, 2016
Read the article

Read, Listen, or Discuss

Amazon Kindle  Discuss
automatisch generiertes Audio
  • 0.5×
  • 0.75×
  • 1×
  • 1.25×
  • 1.5×
  • 1.75×
1×
automatisch generiertes Audio

Editorial Rating

9

Qualities

  • Applicable
  • Eye Opening
  • Well Structured

Recommendation

China came late to the patent-law game, beginning in 1984, and even then it was a slow start. The Chinese government revamped its patent law in 2000 as it entered the World Trade Organization and tweaked it further in 2008. Between 2006 and 2013, domestic patent applications increased by nearly 900%. getAbstract recommends Wang-chan Wong’s perceptive and prescient look at the future of Chinese patents to stakeholders in foreign firms that wish to do business in China.

Summary

In the past, foreign companies’ main intellectual property (IP) risk in China was having their property pirated and copied. Now, they must take care not to breach Chinese copyright law. China has ambitions to become a “technological and innovative powerhouse.” To that end, the program for “China’s Medium and Long-term National Plan for Science and Technology Development 2006-2020,” for example, allocates incentives to innovative Chinese companies, including a $86.4 million fund for intellectual property protection (IPP) support as well as “tax advantages, subsidies and other ...

About the Author

Wang-chan Wong teaches at California State University, Dominguez Hills, in the College of Business Administration and Public Administration.

Comment on this summary