Intellectual property rights are important, as they protect the company against counterfeiting and other types of infringements. At the same time, intellectual property rights can also be financial assets that provide security for financing. Thus IP rights could also be managed as financial assets. In today’s blog post we are taking a look at how to manage your IP rights as financial assets in China.
For most businesses, intangible assets represent more than 50% of the value of the enterprise. The most significant group of intangible assets are those protected by intellectual property such as inventions, designs and brands. Since they form such a large part of the overall value, their management as financial assets is important to the success of the business.
Businesses that actively manage their IP as a financial asset outperform their peers by up to 30%. They do so by maximising the effectiveness of investment in the business, driving performance in areas that produce the best return and managing operational risk. They may also use their IP assets as security to obtain various forms of funding. Moreover, there are opportunities to gain strategic advantage in relation to the sale or purchase of a business.
Understanding the financial value to the business of specific IP assets is of particular importance when moving into a new market – product or geographic – because there will be new risks as well as opportunities. China presents some special challenges, and practical steps to protect the value of IP assets are often as important as legal ones. This article discusses how IP assets matter from a financial perspective and assesses how to manage them to the greatest business advantage. Continue reading “Managing your Intellectual Property as a Business Asset in China” »
Enforcing your patent rights in China could oftentimes be challenging as counterfeiters are also getting smarter and more innovative over time. However, if a European SME has a good IP enforcement strategy in place, it is possible to successfully defend your business against patent infringers. In today’s blog post we are taking a look at a case study involving a Spanish SMEs that experienced some issues with patent infringements. This case study shows the importance of a good IP enforcement strategy for the business success.
A Spanish SME in the scientific research and development industry has patents around the world and in China on certain cutting edge surgical instruments. At an international exposition of surgical instruments the Spanish Company discovers a Chinese company advertising their patented products under the name of the Chinese company. The Spanish company obtains flyers and photos of the products. However, the Spanish company is also concerned that the Chinese company might have defensive utility model patents in place. Since, utility model patents are approved quickly (usually within one year) and do require official examination on novelty, inventiveness and industrial applicability, this could potentially bar the Spanish company from entering the Chinese market. Continue reading “Patent Protection Case Study: The Importance of a Robust IP Enforcement Strategy” »
Le blogue d’aujourd’hui a été rédigé pour nous par notre expert en propriété intellectuelle Maître Philippe Girard-Foley de GIRARD-FOLEY & Associates en réponse à la couverture médiatique de l’affaire de Calissons d’Aix. Dans cet article de blogue Maître Girard-Foley explique le cas en détail et donne quelques conseils sur quelles mesures pourraient être prises pour protéger la marque.
Les médias français résonnent de nouvelles alarmantes concernant l’appropriation des Calissons d’Aix par « la Chine » qui démontrent une grave méconnaissance du sujet. Il paraît urgent de réintroduire dans ce débat un peu de rationalité, ne serait-ce que pour le bénéfice des fabricants concernés et de producteurs français placés dans des conditions semblables de supposée vulnérabilité.
Une marque sans valeur ?
Une marque « Calissons d’Aix » ne vaut rigoureusement rien en Chine sur le plan commercial. Ceci pour la simple et pourtant évidente raison que les mots la constituant sont incompréhensibles et impossibles à mémoriser pour un consommateur chinois.
La seule valeur de cette marque pourrait être de nuisance, faisant obstacle à l’entrée sur le marché chinois du produit authentique, ce qui serait donc une valeur de rachat.
In today’s blog post, the Helpdesk team will provide you some valuable tips on how to safely transfer your technology to South-East Asian countries.
In recent years, European SMEs have started to look to the Association of South-East Asian Nations (ASEAN) to be a key player in the investment and development of several different types of technologies across a multitude of industries. Relatively low labor costs, high skill levels and diversity in the level of development across the region, enabling South-East Asia to attract a range of technologies, are making the region so attractive for the European SMEs.
Whilst accessing the lucrative South-East Asian markets, the European SMEs are often willing to ‘transfer’ some of their technologies and designs to local subsidiaries of European firms, joint-venture partners, or local manufacturing and service companies. One of the challenges facing European companies coming to South-East Asia is devising creative solutions to minimize the risk to their intellectual property associated with technology transfers. A technology transfer can happen in a number of different ways. European companies most commonly transfer their technology by licensing their patents, designs, software, trade secrets, and know-how. A common misconception is that a technology transfer is limited to transfers of high technology. However, many European companies using contract manufacturing to manufacture low technology, consumer, or industrial products, such as those based on product designs, must deal with the same risks to their IP as their high technology counterparts. Continue reading “Protecting your IP whilst Transferring Technology to South-East Asia” »