BEIJING — China's top intellectual property regulator announced Tuesday that China will establish initiatives to promote the patent industrialization rate of universities and research institutes across the country.
The National Intellectual Property Office has launched a work plan to ensure that by the end of 2024, universities and scientific research institutes across the country will carry out the evaluation of underutilized patents and begin the process of selecting and industrializing high-value patents. I suggested speeding up. End of 2025.
The number of active invention patents in Chinese universities will reach 794,000 by the end of 2023, with scientific research institutions holding an additional 229,000 patents. NIPA official Wang Peizhang said at a press conference that these numbers together account for a quarter of the total number of domestic patents.
He also highlighted the existence of dormant patents, saying this is a “common phenomenon” in these institutions. In response, the IP Office, in cooperation with seven departments including the Ministry of Education and the Ministry of Science and Technology, announced a work plan to strengthen the industrialization of invention patents.
Mr. Wang emphasized the market mechanism in his speech, noting that IP administration should work with enterprises to analyze the industrial prospects of patents of universities and scientific research institutions, and leverage market forces to support investment institutions and service institutions. He said he would mobilize the enthusiasm of people in the area to facilitate swift relocation. Many valuable patents.
Other departments involved in the work program also introduced initiatives such as training for patent attorneys and financial support for patent holders at universities and research institutions.
A similar work plan on patent industrialization of small and medium-sized enterprises will also be launched soon, Wang said.
In recent years, China has ranked first in the world in terms of the number of international patent applications, and has prioritized strengthening its patent industrialization as an effort to support science, technology and innovation.
