China is being chimed as a new creative spirit with a large number of patents and new innventions. There has been the creation of a Chinese GPS system with the technology to go with it. There are news stories about a teenage boy creating a smart home system. There are also stories about how China’s market and patent system is assisting in the international growth of the e-cigarette market.
China passed 629,612 patents in 2013. This was a huge number in comparison to neighboring countries within the region and other similarly developed nation. China has marked these patents as evidence of their innovative spirit and economic development as a nation. However, is this number actually representative of the true, legitmate proclamation of “intellectual property” or is it due to CCP policy in regards to the number of patents per yer per district? Unfortunately, it appears to be the latter. On average only 5% of patents filed by local firms in China where also put into the international patent procedure. This may mean that the local district governments are accepting and filing a large number of patents to meet a proscribed quoata. This can be assumed due to the challeging procedual limitations of the international patent system.
Therefore, the question remains; Why is the CCP filing so many patents? Is it to appear to be innovators of the 21st century or are there truly that many new inventors within China? The CCP seems to be more open to funding investors who want to create new technology that would be competetive at the world market. However, there also seems to be a quoata on patents, as well. Therefore, those 629, 612 patents may be a combination of bueracratic paper pushing mixed with a growth of inventions due to CCP policy.
No Comments so far ↓
There are no comments yet...Kick things off by filling out the form below.