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China IPRDC, Thomson Reuters biz promote best IP practices

Posted: 24 Jul 2008 ?? ?Print Version ?Bookmark and Share

Keywords:intellectual property development? IP management? China?

The scientific business of Thomson Reuters has partnered with the Intellectual Property Development Research Center (IPDRC), a non-profit public enterprise owned by the State Intellectual Property Office (SIPO) of China. The partnership aims to accelerate patent research and promote IP management competence in China as part of the national IP strategy initiative spearheaded by IPDRC.

The partnership enables IPDRC to leverage on Scientific's IP management platform and patent search and analysis solutions for 20 patent research projects, which will be undertaken by universities, public research institutes and corporations in China.

"China is a major economic powerhouse and as it continues to shift from manufacturing to a more knowledge-based economy; institutions and corporations are now appreciating the importance of protecting their patent assets in China as well as globally for competitive advantage," said David Liu, senior director and head of China regional business unit for the scientific business, Thomson Reuters. "We recognize China's rapid growth in patent activity and we're, in fact, the first patent information provider to offer weekly comprehensive coverage of all China Utility Model Registrations in English through our Derwent World Patents Index (DWPI) database. We are pleased to support IPDRC's national efforts in driving the quality and development of patent research and promoting of best IP practices amongst academic and public institutions alike."

Mao Jinsheng, director of IPDRC concurred. He commented, "We always aim to promote innovation and increase intellectual property development in China. Our partnership with the scientific business of Thomson Reuters enables us to leverage on their content, tools and expertise in IP management and analysis which will greatly benefit and support the objectives of our national IP strategy."

IPDRC would leverage on several scientific solutions to provide patent search and analysis information, as additional support, for the 20 patent research projects, which it is currently funding.

According to Scientific's World IP Today Report in Global Patent Activity 2007, China has almost doubled its volume of patents from 2003 to 2007. It is claimed to become a strong rival to Japan and the United States in years to come. Academia represents a key source of innovation in many countries. China has the largest proportion of academic innovation with Russia very occasionally beating it to the top spot.

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