Economic Impacts of Intellectual Property-Conditioned by Dan Prud'homme, Hefa Song

By Dan Prud'homme, Hefa Song

This booklet presents new insights into the commercial affects, strategic targets and criminal constructions of an rising department of presidency incentives conditioned on assembly highbrow property-related necessities. regardless of changing into extra universal lately, such incentives – starting from patent price subsidies and patent field tax deductions to inventor remuneration schemes – are nonetheless under-researched. a various diversity of analytical equipment, together with econometric analyses, case stories and comparative felony research, are used to check those incentives in nations in Europe and China. students, policymakers and practitioners can enjoy the conceptual and functional insights in addition to coverage ideas provided.

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This reinforces the idea that governments in both developed and developing countries view acquisition of IP in an increasingly inter-connected world as an important end in itself for government policy, although whether this is an optimal strategy deserves further research to better inform policymaking in China and the EU. Fifth, IP exploitation is a relatively common immediate objective of many IP-conditioned incentives in the EU and China, and tax incentives appear to be the most common, although not only, policy vehicle for meeting this objective.

In the past, there were relatively few qualification requirements in some provinces in China for entities seeking to claim subsidies for patenting costs—sometimes all that was required was an application number for a utility model or design application. More recently, Chinese provincial governments, guided by detailed advice from SIPO, have realized the need to strengthen their qualification requirements for patent subsidies and have already or are currently undertaking initiatives to do so. In Italy, a number of programs have rather stringent qualification requirements, which may ensure a minimum level of quality of patents subsidized by such programs; however, more research is warranted into how the quality of patents resulting from the various Italian patent subsidy programs may differ depending on qualification criteria for, institutional oversight of, and amount and type of support offered by such programs.

Further, in Italy, past experiences indicate that even if leaving patent subsidy programs to an external body to It is also possible that, on average, the technological advancement of utility model filers in China is lower than those in Italy, therefore contributing to this situation. However, in the absence of an empirical comparison, this is speculation. 20 2 IP-Conditioned Government Incentives in China and the EU … 37 implement, the government should ensure that the qualification requirements in the programs are stringent enough to avoid subsidizing low-quality patents.

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