The Problem With China's
Patents
Last week, the State
Intellectual Property Office (SIPO) of China announced that in absolute
numbers, the country had processed more invention patents in 2014 than any
other country. In reporting this, the official news agency Xinhua also
cited the belief of some experts that the country’s patents “still lack a
competitive edge.”
The
news report mentioned that one-third of the patents across all sectors had come
from foreign applicants. This bears out the findings of a Chinese study in 2012
that in the information technology sector, arguably the most important, just
over half of patents granted in Beijing in 2010 had come from foreign-invested
R&D enterprises.
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