Author(s)

Meilu Wang ¹, Minghua Liu ¹, Xu Wen ¹, Xin Li ¹, Kunfang Liu ¹, Lei Yu ¹, Jing Wang ¹, Jiewen Wang ¹, Zhongmin Qiao ¹, Meimei Wang ²

Affiliation(s)

¹ Binzhou Institute of Science and Technology Innovation and Development, Binzhou, China
² Binzhou Economic and Technological Development Zone People's Procuratorate, Binzhou, China

Corresponding Author

Minghua Liu

ABSTRACT

While the number of patent applications in China is surging, the transformation of patents has become a hot topic of concern across various sectors. Focusing on the existing issues with China's patent conversion rate, this paper starts by elucidating the concept of patent transformation, delving into the normative interpretation behind its definition. It then conducts an in-depth analysis to identify the influencing factors of patent transformation. Considering the distinct characteristics of these factors, the paper explores targeted approaches to address patent transformation. Two strategic paths are proposed - one before patent authorization and the other during patent application - to enhance China's patent conversion rate and promote the country's innovative capabilities.

KEYWORDS

Low Patent Conversion; Patent quality; Patent value evaluation system; Patent conversion platform

CITE THIS PAPER

Meilu Wang, Minghua Liu, Xu Wen, Xin Li, Kunfang Liu, Lei Yu, Jing Wang, Jiewen Wang, Zhongmin Qiao, Meimei Wang. Research on the Causes and Countermeasures of Low Patent Conversion Rate in China. Science of Law Journal (2024) Vol. 3: 118-122. DOI: http://dx.doi.org/DOI: 10.23977/law.2024.030715.

REFERENCES

[1] Law of the People's Republic of China on Promoting the transformation of Scientific and Technological Achievements. Article 3, paragraph 2.
[2] Du Sihan. Research on the Influencing Factors and Countermeasures for Patent Conversion Rate in China. Master's Thesis, Liaoning University. 2018. 
[3] Li Shunde. Practical Issues Confronting China's Patent System. Intellectual Property. 2015: .6-13.
[4] http://www.199it.com/archives/1686315.html.Last visited date: September 5, 2024.
[5] 2023 Fast Statistics on Main Intellectual Property Rights. Intellectual Property Statistical Bulletin, Issue 1, 2024. Link:https://mp.weixin.qq.com/s?__biz=MzU0MDc2NzkwOA==&idx=1&mid=2247519277&sn=f12fb6bff38ec52c33e8f34feada1183.Last visited date: September 5, 2024. 
[6] Lin Qiyun, Mi Xuejiao. A Brief Analysis of the Contradiction between High Quantity of Invention Patents and Low Conversion Rates. Modern Business. 2014: 66-68.  
[7] Liu Chuntian, et al. Intellectual Property Law. Higher Education Press. 2022: 148.
[8] Zhu Xuezhong, et al. Intellectual Property Management. Higher Education Press. 2022: 166.

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