Tech transfer in China: common mistakes and how to avoid them
The road to success is seldom straightforward when it comes to China technology deals. Having a thorough understanding of China’s innovation policies, technology import regulations and antitrust laws is crucial when it comes to avoiding missteps
Your company’s China deal went bad. The technology which you licensed or transferred to your Chinese partner appears to have been stolen and now your prized products are being sold all over the world, under Chinese brands. This is a nightmare that every foreign business executive, IP or otherwise, tries to avoid. Foreign technology companies operating in China face a whole new set of challenges compared to those they face in domestic markets. This article summarises some common mistakes that foreign technology companies have made in China with regard to their IP assets, and provides strategies to avoid or remedy these.
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