Valued Guidance Along The Way
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Enterprises applying for mainland patents or trademarks
must engage the services of agents. "We register
patents and trademarks for them. If a domestic firm
wishes to apply for a patent overseas, we will secure
an agent there for them," Jiang says.
Mainland patents are not quick. Design and utility patents
take about a year. For those on inventions, 2-3 years
or more is routine. Jiang believes the wait is worthwhile
to protect valuable technology.
Recently, mainland patent, trademark and copyright laws
have been strengthened to meet international standards.
"This was necessary to satisfy requirements under
the Agreement on Trade-Related Intellectual Property
Rights as part of admission to the World Trade Organization,"
Jiang says. |
He expects a flood of business as overseas companies
rush to stake territory on the mainland. "More
domestic and overseas companies are establishing joint
ventures to explore business opportunities together." |
Mainland enterprises, in their booming economy, should
account for an expanding share of business. Years ago,
domestic mainland Chinese firms produced lower-value
products. Now they are able to make a lot of hi-tech
items like computers or mobile phones for sale in Hong
Kong and overseas markets,"Jiang says.
Although China Patent Agent (HK) Ltd's licensing business
is small compared to patents and trademarks, it does
offer legal expertise on licensing agreements. "We
draw up and review agreements to ensure they satisfy
both parties and local laws," Jiang explains.
The company provides no partner-search services. "We
just handle legal aspects. Overseas companies usually
find potential partners and then approach us to draw
up the agreement," Jiang says. |
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business of guiding Chinese mainland and overseas
companies through all the legal steps necessary
to protect their brands and inventions is expanding
rapidly. |
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