Compensation system aims to better protect rights of owners

Compensation system aims to better protect rights of owners

2016/4/6

IP rights violators will pay compensation equal to two or three times the actual loss suffered by the owner of the IP rights, according to the latest local regulation in Shenzhen that is currently in a public review period. Industry insiders said many owners of IP rights have won their lawsuits but have had to pay high costs to defend them. The punitive compensation means strengthened protection, they said.

Source: SHENZHEN SPECIAL ZONE DAILY




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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.