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LABEL “CREATED IN CHINA” – GOVERNMENT’S AMBITION

The Thomson Reuters report Chinese Corporate Trends and Globalization for IP (intellectual properties), said China continues to be the world's patent leader but still needs to do more if it wants to compete internationally in innovation.

It is in part driven by the government's ambitions to transform the economy from "Made in China" to "Created in China", said the report.

The report shows that China has been the largest innovation-patent filers since 2011 and the filers are increasingly from domestic companies.

However, patent quality does not only depend on the patent application, but also on the technology sector considered, and the nature of the organizations conducting that innovation. Thus, in order to improve the quality of the patents and to protect them, China needs to have more inventions from enterprises other than individuals, and more international patent filings from them.

 

The gLAWcal Team

LIBEAC project

Thursday, 11 December2014

(Source: China Daily)