Friday, May 19, 2006

Chinese R&D Budget to Grow, Public IP Knowledge Contest

At the "Think Smart R&D and Innovation Roundtable" held in Shanghai on Wednesday the results of a survey about the allocation of investments in R&D conducted by Economist Intelligence Unit for ThomsonScientific were revealed:
48.15% of companies stated they will spend the biggest share of its R&D spend in China, ahead of India (24.07%), US (21.69%) and Europe (20.99%). Up to 40% of respondents cited the Chinese Government's active support for R&D as China's greatest asset. The survey polled 165 senior executives in Asia-Pacific (including 37% from China) and was conducted inApril-May 2006. Read more here.

Scientific Thomson last month announced a sponsorship with SIPO, read more here.
Together with SIPO's China Intellectual Property News (CIPN) they launched an IP Knowledge Contest. "Questions vary from piracy restrictions to time limits for the protection of an invention, with results due later in 2006."
Read more here.

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