IP Considerations for R&D in China

anatomy-1751201_1280As many European SMEs are considering having their R&D-intensive business in China, so in today’s blog post, we are taking a closer look on how to protect your inventions that require research and development in China. The article discusses the common issues relating to IP ownership and IP licensing.

Many European SMEs may not consider that they conduct any R&D activities in China because they do not have a laboratory or research facility there, but in reality, a high proportion of these companies engage in activities which fall under at least one of the terms: research or development. An example of R&D might include an SME that enters into a contract with a local company to use their engineers to develop a prototype into a commercial product or application.

Intellectual property is a critical consideration for European SMEs that come to China wishing to tap into the market potential for business growth, or the talent pool for technology development. When engaging in R&D in China, new intellectual property is being created, the rights to which need to be clearly defined from the outset to avoid disagreements later. Continue reading “IP Considerations for R&D in China” »

Using Contracts to Protect your IP in South-East Asia: Licensing and Technology Transfer Agreements

Page 1. ContractsMany companies wishing to do business in  South-East Asia choose to license their IP to third parties in order to be able to expand their business ever more rapidly and conveniently. Well-drafted licensing and technology transfer agreements are the key to a successful business endeavor in South-East Asia and thus, we have chosen to discuss the art of drafting these contracts in today’s blog post. This blog post will provide you with some useful tips and watch-outs to keep in mind when drafting contracts with your partners in South-East Asia. 

IP can create value and revenue to the European SMEs through IP commercialization via licensing the IP to third parties. A company that owns rights in a patent,  but cannot or does not want to be involved in the manufacturing of products, can benefit from licensing their IP assets to third parties who have better manufacturing capacity, wider distribution outlets or greater local knowledge. Furthermore, licensing trade marks can allow companies to expand their operations into new markets faster and more effectively as the companies can benefit from the wider distribution networks and contacts that the licensees have.

The people and companies that SMEs do business with, and therefore contract with, will often use the European SMEs IP to varying degrees. Therefore, it is also very important for the European SMEs to protect their IP well-written licensing and technology transfer contracts. In this article we will take a look at licensing and technology transfer agreements. Continue reading “Using Contracts to Protect your IP in South-East Asia: Licensing and Technology Transfer Agreements” »