China came late to the patent-law game, beginning in 1984, and even then it was a slow start. The Chinese government revamped its patent law in 2000 as it entered the World Trade Organization and tweaked it further in 2008. Between 2006 and 2013, domestic patent applications increased by nearly 900%. getAbstract recommends Wang-chan Wong’s perceptive and prescient look at the future of Chinese patents to stakeholders in foreign firms that wish to do business in China.
In this summary, you will learn
- How the Chinese government bolsters a transformation from being the world’s factory to being a leading innovator,
- Why foreign firms can’t ignore China’s patent system, and
- Why non-Chinese companies would benefit from seeking China’s Utility Model patent early and often.
About the Author
Wang-chan Wong teaches at California State University, Dominguez Hills, in the College of Business Administration and Public Administration.