Further evidence of increasing IP sophistication in China
According to CRI English, a new intellectual property academy has been established in Beijing.
Already there are 2 post-doctoral and 41 PhD students studying IP law as their minor. The Intellectual Property Academy of Renmin University already includes 5 foreign students.
I see that according to the Chemical Abstracts Service (CAS), China is now the top issuer of patent applications in the field of chemistry. It passed out Japan, the former number 1.
A further significance of this, according to the article is that 35% of all invention patents involve chemical substances.
A frustrated journalist at ABA Journal was not able to get an interview with David Kappos, Director of the US Patent & Trademark Office. He wrote a faux business method patent application on how to get an interview.
The story has a happy ending. He has made an appointment with the USPTO chief to do the interview in the next few weeks.
In a previous posting on managing intellectual property in China, I said I would outline some practical steps involved. An integrated approach is required to the multiple elements that make up the "secrets to success".
Raymond Hegarty brings a depth of experience at the Director/CEO level in managing high-growth international businesses.
He has managed 5 FDI start-ups in Ireland. He is an international authority on commercializing intellectual property and is the first Irish person to be recognized by Intellectual Asset Magazine among the world's “Top 300 IP Strategists.” He has managed billions of dollars of transactions in America, Asia and Europe.