Mining Ideas for Diamonds

Comparing China and US IP Practices from Invention Selection to Patent Monetization

In 2015, China and the U.S. were among the top three countries in terms of the number of international PCT (Patent Cooperation Treaty) patents filed, together making up 40% of the global share, reported the World Intellectual Property Organization (WIPO).

Not surprisingly, there is a huge international desire within the business, legal and technical communities to better understand the Intellectual Property (IP) practices of these two giants in the industry. This book, a pioneer in comparing the two countries' practices side-by-side, does just that.

Tao Zhang and Jingui Fang, respectively from Huawei Device USA and Huawei Technologies in China (2015's top PCT applicant according to WIPO, with 3,898 published patent applications), provide readers with first-hand guidance from invention conception to IP monetization, with a consistent emphasis on quality. Written such that readers can delve straight into any area of the IP cycle that interests them, the book also contains useful checklists that highlight best practices and key lessons learned.

Whether you are an individual wanting to improve a product or process, a patent drafter needing to provide client satisfactory results, a patent asset manager desiring to create a bullet proof portfolio, or an IP business executive wishing to deliver much needed financial results to your company's bottom line, this book, with its comparative approach, is an essential read — filled with tips and information to help you create high quality patents.

Contents:

• The Objective of This Book
• Main Considerations/Differences in IP Practices Between US and China
• For Inventors and Patent Review Committees (Relating to Idea Generation)
• For Patent Drafters and Prosecution Managers (Relating to Idea Capture)
• For Anyone Interested in a Detailed Discussion of Software Patents
• For Portfolio Managers, Patent Sellers/Buyers, CFOs, VCs, or Investment Bankers (Relating to IP Valuation)
• For IP Transaction Practitioners and IP Managers (Relating to Deal Structure of Patent Acquisitions, IP Monetization, Patent Cross-Licensing, or Technology Transfers)
• For IP Transaction Lawyers and Negotiators (Relating to Detailed Agreement T's & C's)

Readership: Intellectual Propoerty (IP) business executives, patent drafters, individuals who wish to improve a product or process, general readers interested in IP policies in the US and China.
Key Features:

• This book will be the first to compare these two IP practices side by side to point out their main differences
• Another key advantage is that this book provides first-hand guidance from invention conception to IP monetization with a consistent emphasis on quality. Readers interested in any particular area can dive in to obtain related in-depth knowledge and benefit from it. They can also read backwards and forwards about other areas to gain insights on the entire IP cycle
• A third advantage is that by utilizing a checklist format, this book highlights best practices/key lessons learned, and thus enables reader to more easily and quickly pick out portions helpful to reader's daily IP work and life