- 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.