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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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Infographic on R&D tax credits via @RandDtaxcredits http://t.co/nofk8IJRIb Topical given IP/Patent Box debates

Nov 26 2014 11:14 ·  reply ·  retweet ·  favourite
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China's big patent filers ready to defend their IP- ZTE and Huawei to sue local competitors for patent infringement: http://t.co/VtgNlhqgMC

Nov 26 2014 04:04 ·  reply ·  retweet ·  favourite
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Tencent and @HBO agree to China content distribution deal ($) http://t.co/2496wGu2wZ

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