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@article{ART002774857},
author={HWANG SEONYEONG and Xu Chun Mei},
title={Research on the China's Patent Open Licensing System in the Era of the Fourth Industrial Revolution},
journal={Journal of International Business Transactions Law},
issn={2982-5903},
year={2021},
number={35},
pages={129-157},
doi={10.31839/ibt.2021.10.35.129}

TY - JOUR
AU - HWANG SEONYEONG
AU - Xu Chun Mei
TI - Research on the China's Patent Open Licensing System in the Era of the Fourth Industrial Revolution
JO - Journal of International Business Transactions Law
PY - 2021
VL - null
IS - 35
PB - The Institute for Legal Studies Dong-A University
SP - 129
EP - 157
SN - 2982-5903
AB - The era of the Fourth Industrial Revolution，although patent and license transactions are increasing day by day in China, the actual patent execution rate is not high. China introduced a patent open licensing system to promote patent management and reduce transaction costs for patent holders. From the perspective of the licensed person, the demand and supply of patents increase as the disclosed patents can be used reasonably and conveniently without paying for licenses, and as the entire patent transaction process is simplified, it has the advantage of reducing transaction costs, raising patent conversion rates, and improving productivity by promoting patent management. From the perspective of companies, technology can be improved at low cost, and as it acts as an important opportunity to strengthen core competitiveness, it is predicted that it will contribute greatly to promoting the exchange of information on science and technology in China and improving the level of science. China's patent open licensing system was designed according to market mechanisms but there are still shortcomings in the scope of licensing entities attracting patent holders dispute resolution mechanisms and intelligent services. Therefore it is necessary to prepare countermeasures for providing incentives to attract patent holders establishing a platform specializing in patent opening expanding intelligent services and granting administrative adjudication authority over patent disputes so that the patent open licensing system can be well established in China.
KW - open license system;patentee;licensing statement administrative ruling patent intelligent service;patent transaction
DO - 10.31839/ibt.2021.10.35.129
ER -

HWANG SEONYEONG and Xu Chun Mei. (2021). Research on the China's Patent Open Licensing System in the Era of the Fourth Industrial Revolution. Journal of International Business Transactions Law, 35, 129-157.

HWANG SEONYEONG and Xu Chun Mei. 2021, "Research on the China's Patent Open Licensing System in the Era of the Fourth Industrial Revolution", Journal of International Business Transactions Law, no.35, pp.129-157. Available from: doi:10.31839/ibt.2021.10.35.129

HWANG SEONYEONG, Xu Chun Mei "Research on the China's Patent Open Licensing System in the Era of the Fourth Industrial Revolution" Journal of International Business Transactions Law 35 pp.129-157 (2021) : 129.

HWANG SEONYEONG, Xu Chun Mei. Research on the China's Patent Open Licensing System in the Era of the Fourth Industrial Revolution. 2021; 35 : 129-157. Available from: doi:10.31839/ibt.2021.10.35.129

HWANG SEONYEONG and Xu Chun Mei. "Research on the China's Patent Open Licensing System in the Era of the Fourth Industrial Revolution" Journal of International Business Transactions Law no.35(2021) : 129-157.doi: 10.31839/ibt.2021.10.35.129

HWANG SEONYEONG; Xu Chun Mei. Research on the China's Patent Open Licensing System in the Era of the Fourth Industrial Revolution. Journal of International Business Transactions Law, 35, 129-157. doi: 10.31839/ibt.2021.10.35.129

HWANG SEONYEONG; Xu Chun Mei. Research on the China's Patent Open Licensing System in the Era of the Fourth Industrial Revolution. Journal of International Business Transactions Law. 2021; 35 129-157. doi: 10.31839/ibt.2021.10.35.129

HWANG SEONYEONG, Xu Chun Mei. Research on the China's Patent Open Licensing System in the Era of the Fourth Industrial Revolution. 2021; 35 : 129-157. Available from: doi:10.31839/ibt.2021.10.35.129

HWANG SEONYEONG and Xu Chun Mei. "Research on the China's Patent Open Licensing System in the Era of the Fourth Industrial Revolution" Journal of International Business Transactions Law no.35(2021) : 129-157.doi: 10.31839/ibt.2021.10.35.129