By Shi Bisheng King & Wood Mallesons’ IP Group
In April 2015, the Legislative Affairs Office of the State Council P.R. China released the “Regulations on Service Inventions (Draft for Review)” (the “Regulations”) to the public for comment. The Regulations provide detailed provisions regarding the ownership of service inventions, the service invention reporting system, the reward and remuneration system for the employee-inventor, and so forth. Ever since their release, the Regulations have stirred up a great deal of controversy. If the Regulations are eventually implemented, it can be expected that they will have a significant impact on Chinese companies. This article will briefly discuss the main controversies raised regarding the Regulations.
Read full article, please click here.