Heilongjiang: Increased Rewards for Innovation

Heilongjiang: Increased Rewards for Innovation


The provincial IP and finance administrations jointly issued next year's innovation incentive policies, which included increased awards for newly authorized patents and valid invention patents by local organizations and individuals. The award for an invention patent that is valid for three to five years will double from 2,000 yuan ($324), and the award for a utility model or design patent will increase from 400 yuan to 500 yuan.

(Source: China Daily)

People watch

It is lucky for Chen Jun to began his career in the IP industry 14 years ago when the first group of IP managers for businesses appeared on the stage in China and he has been in the industry.

It was this “Whampoa Military Academy” for IP that educated China’s first batch of corporate IP management personnel. Many of these engineers left Foxconn in the years since.