Estimates of the value of patent rights in China
Can Huang
#2012-004
We estimate the value of Chinese invention and utility model patents
that were applied for during two periods, 1987-1989 and 1986-1998. We
find that patents applied for by foreign entities invariably have higher
value than do those applied for by domestic entities, and the gap is
significant. The total value of invention and utility model patents in
the 1987 cohort together represent about 40 per cent of China's 1987
governmental R&D budget.
Keywords: Value; Patent; China; Invention Patent; Utility Model Patent;
Patent Renewal
JEL code: O32; O34