EU Chamber of Commerce in China Report on Innovation
Written by Neal Martin
The European Chamber of Commerce in China released a report on August 22 titled “Dulling the Cutting Edge: How Patent-Related Policies and Practices Hamper Innovation in China,” finding that, despite the rise of China to the number one country in numbers of domestic patent application filings, the number of quality, higher-end patent applications has declined. The report provides more than fifty recommendations for patent policy reform in China related to government-set patent targets and indicators, policies and other measures meant to promote patents, and rules and procedures for reviewing patent applications and those for enforcing patents. The Chamber describes the report as:
not just an important read for intellectual property rights (IPR) professionals, academics, business leaders, and government officials, but also anyone interested in understanding the nuances within and important impacts of China’s regulatory and institutional environment for innovation.
The full report, with an Executive Summary, can be found here.