Chinese government subsidies fuel surge in patents but experts warn it’s quantity over quality
Written by Daniel van Herck
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[Monday, 27 April 2020 08:44]
Created
Monday, 27 April 2020
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China’s tech giants have been particularly active, with Huawei taking the top spot last year with 4,411 patent applications
The Beijing government offers as much as 20 million yuan in subsidies for a PCT filing, versus 2 million for a domestic patent
China may have overtaken the US in total number of international patents filed last year, but legal experts warn that much of the growth is being fuelled by state-backed subsidies that could flood the system with cheap patents.
Source:
South China Morning Post
https://www.scmp.com