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Reflections on Policies to Optimize IP Rights Exchange Market Ma Weiye Director of Patent Administration Dept. of SIPO, Researcher Deputy Chairman of Executive.

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Presentation on theme: "Reflections on Policies to Optimize IP Rights Exchange Market Ma Weiye Director of Patent Administration Dept. of SIPO, Researcher Deputy Chairman of Executive."— Presentation transcript:

1 Reflections on Policies to Optimize IP Rights Exchange Market Ma Weiye Director of Patent Administration Dept. of SIPO, Researcher Deputy Chairman of Executive Council of China Research Society for Development Strategies Executive Director of China Appraisal Society Executive Director of China Association of Inventions Member of Economic Committee of All China Federation of Industry & Commerce Adjunct Professor of China University of Political Science & Law, Tongji University, Central University of Finance & Economics, Northwest University, Beijing University of Chemical Technology, Hefei University of Technology, Nanjing University of Science & Technology, and Tianjin University of Finance & Economics Nov. 22, 2011 Shanghai

2 Requirements on the implementation of IP strategy Several current factors restricting the development Government initiatives to guide market development Reflections on the optimization of the development of exchange market How to Optimize IP Rights Exchange Market

3 1. Requirements on the implementation of IP strategy Give full play to the role of technology market, build an IP trading system with sufficient information, active trading and good order. Streamline trading procedures, reduce trading costs, and provide quality services.

4 Management IP exchange market A basic requirement 1. Requirements on the implementation of IP strategy Creation Application Fundamental function: value realization Protection A major tool

5 2. Several current factors restricting the development IP Exchange Market Absence of law Because it is new, IP exchange market is facing a legal gap. Survival relying on government transfusion Viewing from the establishment of IP exchanges, many are products of government monopoly. Bad commercial operation mode e.g. lack of fixed standards for intangible asset evaluation, single form of trading, etc. Inadaptability of intermediary services Qualification of IP appraisers: no administrative penalties for intermediary agencies and personnel. Culture of integrity is yet to be formed Bad faith is the most serious concept obstacle to the current development of IP exchange market.

6 3. Government initiatives to guide market development Policy Support Platform Construction

7 3. Government initiatives to guide market development Seven Rules 1. In what circumstances will asset appraisal be needed? 2. Who is qualified to conduct appraisal? 3. Who will certify the qualification? 4. Who will guide the appraisal? 5. What principles will be adhered to in the appraisal? 6. Independence of the appraisal 7. Violation process In 2006, SIPO launched the IP Appraisal Promotion Program. Policy Support

8 3. Government initiatives to guide market development Policy Support

9 1 st (2008) Haidian District Nanchang Changchun Xiangtan Foshan Nanhai District Ningxia Hui Autonomous Region 2nd Batch ( 2009 ) Guangzhou Wenzhou Dongguan Wuxi Chengdu Yichang 3. Government initiatives to guide market development Policy Support

10 I. Set up collaborative promotion mechanism to promote IP pledge financing II. Innovate service mechanism for IP pledge financing III. Establish and improve risk management mechanism for IP pledge financing IV. Perfect appraisal management system for IP pledge financing V. Set up management mechanism conducive to IP transfer Policy Support 3. Government initiatives to guide market development

11 Policy Support 3. Government initiatives to guide market development

12 Platform Construction 41 national patent technology exhibition and trading centers

13 4. Reflections on the optimization of the development of exchange market 1. System and mechanism 2. Element configuration 3. Platform construction 4. Intermediary services 5. Culture of integrity

14 4. Reflections on the optimization of the development of exchange market System and Mechanism Gradually break the management mode of government monopoly Guidance of government policies Support of state laws Operation of market mechanism

15 4 2 Market Elements 3 Element Configuration A certain amount of goods available for exchange 1 Sellers providing goods to the market Buyers demanding goods Micro-market consisting of population,purchasing power and desire to buy 4. Reflections on the optimization of the development of exchange market

16 Platform Construction Integrate existing exchange centers Construct nationally unified platform

17 Intermediary Services    Qualification certification Multiple forms Penalties in place 4. Reflections on the optimization of the development of exchange market

18 Culture of Integrity   Maliciously bad faith Well-intentioned bad faith Hard-to-say bad faith 4. Reflections on the optimization of the development of exchange market

19 Maliciously bad faith “News 1+1” on CCTV news channel on Apr. 13, 2011 “I will not eat these steamed breads, not even I am beaten to death, not even I am starved to death ! ” Culture of Integrity 4. Reflections on the optimization of the development of exchange market

20 Eat to cure diseases from eating! Eating rice is eating poisons! “Encyclopedia” of Hunan Satellite TV Culture of Integrity 4. Reflections on the optimization of the development of exchange market Maliciously bad faith

21 Li Lianda, academician of Chinese Academy of Engineering Lu Jierong, Vice Li Xiaoming, Vice President of President of Liaoning University Anhui Agricultural University Zhou Zude, President of Wuhan University of Technology Huang Qing, Vice President of Southwest Jiaotong University Culture of Integrity 4. Reflections on the optimization of the development of exchange market Maliciously bad faith

22 In 132 AD, Zhang Heng of Eastern Han invented the seismograph. The Great Wall is the only architecture on the Earth that can be seen from space Liu Bao, Emperor Shun of Han Zhang Heng Culture of Integrity 4. Reflections on the optimization of the development of exchange market Well-intentioned bad faith

23 Hard-to-saybad faith Correct nonsense Nice idle talk Fashionable new words Strict stereotyped expressions Lies against the conscience Leaders do not like the truth. Culture of Integrity 4. Reflections on the optimization of the development of exchange market

24 On Feb. 21, 2010 Beijing time, in the women's 1,500m short track speed skating at Vancouver Winter Olympics, Chinese athlete Zhou Yang fought alone in the encircle of three Korean athletes and broke the Olympic record with 2 minutes 16 seconds 993, being the champion of the event. This is my dream. I think that winning the gold medal will make my mom and dad live a little better. Hard-to-saybad faith Culture of Integrity 4. Reflections on the optimization of the development of exchange market

25 Maliciously bad faith Hard-to-say bad faith Well-intentioned bad faith Integrity Crisis The biggest concept obstacle to the development independentinnovation, IP protection and IPexchange market Culture of Integrity 4. Reflections on the optimization of the development of exchange market Effect ofbad faith

26 The content, form and creation of this coursewareare independent creative work of the speaker.The speaker advocates the protection of intellectualproperty rights of this courseware. Without thepermission of the speaker, no one may reproduce,use and disseminate any part of this courseware. The End


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