WTOIP Global - Help Foreign Tech Startups Launch Business in China

Though it’s hard to make decision, before a tech startup starting business in China , they have to decide whether to protect their technology achievement by patents that open their technologies, or trade secrets. There are quite a lot Chinese and foreign cases and studies on this topic,below are some common situations. 1. If tech startups are about to negotiate of financing, or are likely to be acquired by big companies, they should apply for patents as soon as possible to prove their technological capabilities and increase the bargaining weight. 2. Whether to protect their technology achievement by patents or trade secrets depends on the technical complexity, the requirements of the production process of the startup industry. If your competitors can easily copy, or surpass your ideas or products simply by looking at your patent specification, you should consider more seriously. After all, patent infringement litigation takes time and money. The market share is likely to...

China's IP laws and regulations are increasingly reflecting international standards. They have made continuous effort to strengthen the protection and enforcement of intellectual property rights. However, starting business in China is still challenging, problems like lingering issues with China’s IP legal framework in areas such as trade secrets, uneven enforcement, and significant procedural barriers that frustrate company efforts to protect IP in China. At the same time, counterfeiters and infringes in China still exist. They often exploit procedural loopholes, proactively seek to invalidate legitimate patents and trademarks. So if you don’t adopt preventive measures to protect your IP, you expose your business to unnecessary risks. Here are some common ways: Register IP in China in Time IP rights are territorial, that is they only give protection in the countries in which they have been granted or registered. If you are thinking about starting business in China, th...