Innovation's Crouching Tiger (eBook)

An Introduction to the Innovation Regime and IP Monetization in China

Jili Chung, 鐘基立 (Autoren)

eBook Download: EPUB

2018
300 Seiten
EHanism-Global Corp (Verlag)
978-1-62503-604-9 (ISBN)

Infos

You may choose to collaborate, or to compete, but you cannot afford to wait and see! In facing China’s increasing influence on technology and innovation, this book unveils China’s innovative ecosystem through three crucial perspectives and concludes with effective strategies for maximizing your IP advantage.

Readers who will benefit most from this book are: 

‧ Foreign investors in China, especially those in creative or high-tech industries; 

‧ Legal, accounting or consulting professionals advising on doing business in China;

‧ Observers or commentators following the development of China’s IP regime; and 

‧ Managers of global organizations competing with Chinese opponents on the innovative front.

Praise for 

Innovation’s Crouching Tiger

Commercial law, like so much else in contemporary China, has in recent years been evolving at a pace foreseen by few observers. In this concise book, Jili Chung brings the reader up to date on important developments in intellectual property law in China – developments with special relevance to high-tech companies. With his training as an attorney and his broad experience in China, he brings an expert’s touch to the topic that few can match.

— John Akula, MIT Sloan School Senior Lecturer in Law

China has the potential to become the largest IP market in the world. Jili Chung offers indispensable perspectives on China's historical and cultural traditions for understanding this growing market.

— Wu Zhipan, former Executive Vice President of Peking University

Bravo! Dr. Jili Chung does an excellent job tackling a complex topic and presents a unique 360-degree perspective as an engineer, IP lawyer, tech business executive and lover of Chinese cultural values.  Dr. Chung's work on China’s growing IP business and legal regime is relevant, timely and important — a must read for entrepreneurs wishing to optimize, and competitors working with, China’s innovation ambitions.

— Grace Parke Fremlin, corporate attorney-at-law in Asian M&A, FDI, IP, and a partner at multiple global AMLAW 100 law firms advising companies on their investment efforts for global competitiveness.  

Innovation and IP have become fundamental to succeeding in any business opportunity in China. The country’s speed, creativity and the variation with which it handles innovation and IP make it challenging to manage. Bringing decades of experience in China to the subject, Jili walks the reader through in-depth analysis, insiders’ insights, and case studies with ease, sharing his practical experience and valuable tips for managing these issues. Even more crucially, Jili reveals hidden recipes for leveraging different types of IP rights, enabling investors, entrepreneurs, and innovators to realize and maximize the value of their IP.  Jili navigates this complex new world, sailing smoothly through issues of technology, knowledge, leverage and financing. The crouching tiger is in its prime time and ready to act. With this book, so are you.

— Ming-Tao Yang, a partner of Finnegan, Henderson, Farabow, Garrett & Dunner, LLP 

 

Inhalt

Part I

Observations

Chapter 1  IP Monetization in China: An Overview 3

1.1. The formation of sizable IP pools 3

1.2. IP pledge 5

1.3. Experiments in novel IP financing 7

1.3.1. The IP pledges 7

1.3.2. The monetization of future IP – A case from 2008 7

1.3.3. IP monetization by crowdfunding: A case from 2015 8

Chapter 2  Observations From Behind the Scenes 13

2.1. The Planned Economy and Regulatory Regimes 13

2.1.1. The color of China’s planned economy 13

2.1.2. The National IP Strategy Outline 14

2.1.3. Regulatory framework 15

2.1.4. A national campaign promoting innovation 16

2.2. The Spirit of Experimentation 18

2.2.1. A speech during Deng Xiaoping's South China Tour in 1992 18

2.2.2. A spirit inherited 19

2.3. From Quantity to Quality 20

2.3.1. The IP pledge transaction 20

2.3.2. A driver of quantitative change 20

2.3.3. The strong demand for content IP by cultural and creative industries 23

2.4. Excess Liquidity in Certain Industry Sectors 25

Part II

An Analysis with Three Lenses

Chapter 3  The First Lens: IP Creation and Transfer - IP In-kind Contribution 28

3.1. Overview of the in-kind contribution 28

3.1.1. The meanings of innovation and IP monetization 28

3.1.2. A potential model in China 29

3.2. Obstacles and Challenges 32

3.2.1. The Increased Burden of Tax Compliance 32

3.2.2. Special Rules for FIEs 33

3.2.3. CSRC Retrospective Review 35

3.3. Trend and Insights 35

3.3.1. Observations from the policy announcement and regulatory actions 35

3.3.2. The rules continue to move in favor of IP monetization 36

3.3.3. Implementation rules vary by location 37

3.3.4. Enhanced scrutiny on the publicly-listed companies 37

Chapter 4  The First Lens: IP Creation and Transfer – Securitization 38

4.1. Overview of the practice 38

4.1.1. Copyright pooling and stockpiling 38

4.1.2. Creating IP-Derived rights 39

4.1.3. IP creation on the Internet 40

4.1.4. The current securitization platform - Crowdfunding and Quasi IP 41

4.1.5. The crowdfunding platform 44

4.2. Obstacles and Challenges 45

4.2.1. Regulatory Redlines 45

4.2.2. The IP exchange platform 46

4.3. Trends and Insights 47

4.3.1. Clear policies of encouragement 47

4.3.2. The government perspective on quasi-securitization 47

4.3.3. An attitude toward creative monetization 48

4.3.4. The mobile Internet trend 49

Chapter 5  The Second Lens: IP Pledge 51

5.1. Overview of the Practice 51

5.2. Obstacles and Challenges 61

5.3. Trends and Insights 66

Chapter 6  The Third Lens: IP Risk Mitigation 69

6.1. Overview of the Practice 69

6.2. Obstacles and Challenges 76

6.3. Trend and Insights 78

Part III

Strategy Guidelines

Chapter 7  Eight Key Points for Success 84

Chapter 8  Conclusion: Never Be Defeated 89

Produkt-Details

• Erscheint lt. Verlag: 1.8.2018
• Sprache: englisch
• Themenwelt: Recht / Steuern
• ISBN-10: 1-62503-604-3 / 1625036043
• ISBN-13: 978-1-62503-604-9 / 9781625036049