- Three trends observed from the ripple effect of the recent change in China’s innovation environment
The recent changes in China’s innovation environment have made ASEAN’s IP environment become essential in the global innovation ecosystem. This article shares the observation of three trends: global supply chain relocation, the rush of “IP Going to the Sea”, and blockchain-derived innovations.
Hot Topic # 3: Legal issues of IP securitization
The legal issues of IP securitization refer to the legal issues arising from the issuance of intellectual property securities based on the traditional asset securitization structure. Since IP assets have different attributes from traditional securitized assets (such as real estate or account receivables), they will generate unique legal risks.
The legal and business commnuity have largely resolve such legal issues. It has been two years since the development of IP securitization in China. The annual total issuance volume is accumulated to more than tens of billions RMB, which shows that the market has recognized the solutions.
Hot Topic # 2: NFT's Securities Attributes
In this topic, people are interested to know when NFT is acting as a carrier of artistic creation (IP) and when such NFT-based IP is divided and exchanged in the market, when it will be subject to securities regulatory regimes, and how to comply with the law?
From a legal perspective, using NFT as the carrier, artistic creation will become a kind of "self-evidence" IP. For example, traditional paintings are physical. Whether they are genuine, experts must be asked to appraise them. Later in the digital age, a digital picture's carrier is a series of 0 and 1 codes. All copies are identical. Infringing copy is 100% the same as the original. It is pointless to discuss how to prove which copy is genuine.
Hot Topic # 1: The Opportunities and Risks of "IP Going Global"
"IP Going Global" (or "IP Going Overseas," an expression most used in China) refers to using intellectual property rights that originated in China to conduct business operations or investment and financing in the global market. Taking and using IP abroad can help to grow the wealth accumulation of the intellectual property rights.
Methodology: Using IPfinance.cn to Observe
We determined the ten hottest topics on IP finance in China for 2021 based on observations from IPfinance.cn — the world's first IP finance online forum operated by the ICTiger team.
IPfinance.cn is the world's first open, non-profit forum focusing on the exploration of intellectual property finance. With the support of academic professionals and industry experts, the ICTiger team established the platform in 2020.
According to the calculation of the research group of Department of Social, Science and Technology, and Cultural Statistics of National Bureau of Statistics on China's innovation index , the innovation index of China reached 242.6 in 2020 (take 2005 as 100), an increase of 6.4 percent over the previous year. By field, the innovation environment index, innovation input index, innovation output index and innovation effectiveness index reached 266.3, 209.7, 319.8 and 174.7 respectively, an increase of 6.3, 5.4, 8.5 and 3.8 percent respectively over the previous year. The calculation results showed that in 2020, China's innovation ability and level continued to improve, the innovation environment continued to be optimized, the innovation input continued to increase, the innovation output grew rapidly, and the innovation results were further demonstrated.
IP Pledge financing helps to generate liquidity to counter the slowed development faced by many small enterprises in China. When covid-19 hit China’s economy, the country reacted by stimulating development through IP financing, the path for which was paved in 2019’s first intellectual property securitization deal, and later that year, the first patent securitization deal.
IP Exchanges, being unfamiliar to the global business community, are essential to China's innovation ecosystem. Knowing their establishment, operation, and profit models helps you to gain an edge, distinguishing you from the average investor. The information channels about China's IP Exchanges are rarely known. In this course, Dr. Chung demonstrates step-by-step how to use certain channels to collect information for your investment insights.
In this course, Dr. Chung offers an observation tool that can effectively monitor the development of the US-China Trade War and its impact on the global economy. With this valuable observation tool, you can obtain practical and unbiased insights to help plan your career, business strategies, and global investment portfolios.