The 11 biggest mistakes made in Chinese R&D
More and more western companies are working with Chinese universities to conduct R&D. Cecilia Lou and Di Yao explain how to avoid being tripped up by local law and practice
|China’s rapid economic growth and strong scientific infrastructure make it an increasingly attractive place for companies to conduct research and development, often through establishing partnerships with Chinese universities. While such arrangements can be very rewarding, companies unfamiliar with the subtleties of Chinese law can run into difficulties. Crafting a clear and detailed agreement that lays out the responsibilities and rights of the parties can go a long way avoiding obstacles. Common mistakes include not contracting with the right party, not including a non-compete agreement and not being clear over the rights to publication.|
China is moving from being the world's workshop to being its
laboratory. Multinational companies are increasingly looking to China as
a source of R&D talent, and this push has led a number of foreign
companies to team up with Chinese universities.
Although such a collaboration has the potential for great gain,
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