By Dan Prud'homme, Hefa Song
This publication offers new insights into the commercial affects, strategic goals and criminal constructions of an rising department of presidency incentives conditioned on assembly highbrow property-related necessities. regardless of changing into extra universal in recent times, such incentives – starting from patent price subsidies and patent field tax deductions to inventor remuneration schemes – are nonetheless under-researched. a various variety of analytical tools, together with econometric analyses, case reports 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 useful insights in addition to coverage techniques provided.
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This publication offers new insights into the industrial affects, strategic targets and criminal constructions of an rising department of presidency incentives conditioned on assembly highbrow property-related specifications. regardless of turning into extra universal in recent times, such incentives – starting from patent expense subsidies and patent field tax deductions to inventor remuneration schemes – are nonetheless under-researched.
Extra resources for Economic Impacts of Intellectual Property-Conditioned Government Incentives
Ninth, China has a number of IP-conditioned incentives to localize the beneﬁts of knowledge investment, some of which, although similar in some ways to the most restrictive incentive qualiﬁcation requirements in the EU, appear even more restrictive and techno-nationalist. e. 9 These comparatively more restrictive requirements in China are part of a state effort to enable domestic Chinese ﬁrms to catch up in a world where the IP landscape is dominated by foreign incumbents often inclined to avoid developing or transferring core technology in/to China in order to maintain their competitive advantages, avoid potential appropriability-loss given fears over China’s IP protection environment, and perhaps to minimize tax burdens.
Second, unbeknownst to some, both EU MS and China institute IP-conditioned grants and patent subsidy programs, and policymakers in both regions can learn from each other’s experiences with these particular policies. Third, in order to facilitate catch-up, China clearly has more sizeable and diverse IP-conditioned incentives than any EU MS. Fourth, IP acquisition is the most common immediate objective of IP-conditioned government incentive programs in the EU and China, and grants and patent fee subsidies appear to be the most common policy vehicles for meeting these objectives.
Also, the large size of China’s economy and sometimes dramatically different levels of development of industries and geographical regions therein may also contribute to the need to have sizeable and diverse incentives. 6 Several of these policies are intended to facilitate patenting abroad, others domestically, others both. Interestingly, some EU MS have IP-conditioned incentives reserved for IP acquisition in China in particular or provide larger amounts of funding for IP acquisition in China in particular than otherwise offered.