DocumentCode :
115342
Title :
Primary research related to the design of China´s patent pledge system
Author :
Hong-Fang Zhang ; Qiang Chen
Author_Institution :
Sch. of the Econ. & Manage., TongJi Univ., Shanghai, China
fYear :
2014
fDate :
27-31 July 2014
Firstpage :
1383
Lastpage :
1387
Abstract :
China is improving its patent protection methods and understanding of those methods. The value of patents in China is not widely recognized by the country as a whole. Nevertheless. Patent pledges act as a primary market behavior. For example, the United States has no such pledges for major high-tech companies (such as pharmaceutical companies) and in the investing banking industry. The Chinese government has issued a series of patent protection system and related patent application pledge subsidy systems that are designed to promote an increase in the number of patent pledges made by companies and to help patented products transform new technology. The article analyses the number of patent pledges issued in more than 20 Chinese cities including Beijing, Shanghai, Wuhan and Chongqing. It analyzes the distribution of the pledges made to investors such as national banks, policy banks, local banks, investment guarantees corporations liability companies. The study analyzes the reasons for existence of such pledges that are made mainly private high-tech enterprises. We concluded that the role of the government in the transformation of the national patent pledge system and the ongoing reform of the design of China´s financial system are the key factors driving the changes being made to the patent system.
Keywords :
banking; government policies; innovation management; investment; patents; pharmaceutical industry; Beijing; China financial system; China patent pledge system; Chinese government; Chongqing; Shanghai; United States; Wuhan; high-tech companies; investing banking industry; national patent pledge system; patent application pledge subsidy systems; patent protection method; pharmaceutical companies; primary market behavior; private high-tech enterprises; Cities and towns; Companies; Government; Industries; Patents; Technological innovation;
fLanguage :
English
Publisher :
ieee
Conference_Titel :
Management of Engineering & Technology (PICMET), 2014 Portland International Conference on
Conference_Location :
Kanazawa
Type :
conf
Filename :
6921129
Link To Document :
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