Sichuan: Rewards for Filing New Patents

 

The Suining city government recently rewarded 30 small businesses with a total of 238,000 yuan for filing new patents last year.

The awards policy for small and medium-sized companies spurred innovation and promoted a rise in patent applications, local officials said.

Suining businesses and individuals filed for 450 patents in 2011, an increase of 82 percent over the previous year, with nearly 230 applications granted.

The city government is encouraging patent industrialization through communication with companies and organizing IP training programs, local officials said.

(Source: China Daily)

2013-07-17