How to reward inventors
Wang Gang of China Patent Agent (HK) explains why companies need to be aware of changes to the rules for rewarding inventors
After the amendments to China's Patent Law and the corresponding revision to the Implementing Regulations, the provisions governing reward and remuneration to inventors or creators of service inventions in the former legal system are no longer only applicable to China's state-owned enterprises. Instead, they now apply to all enterprises and institutions that have been set up in China according to Chinese laws. This includes joint ventures, cooperative enterprises and foreign-funded enterprises. This change has drawn a lot of attention from multinational corporations with branch offices in mainland China.
The provisions governing reward and remuneration of service inventions in China are complicated and are covered by a variety of laws, regulations and policies. These include not only special laws like the Patent Law, its Implementing Regulations and the Law on Promoting the Transformation of Scientific and Technological Achievements, but also general laws like the Contract Law. In addition to national laws,...
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