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Transfer of Patent in China



Transfer of Patent in China

The patent transfer refers to the transfer the patent right to the transferor, the invention patent ownership or ownership transfer to the transferee, the contract concluded by the transferee to pay the price.
The parties to obtain the patent right through the transfer of the patent right, it means to become a new legal person, the same can also be entered into a patent transfer contract with others, implement the patent licensing contract, the transfer of the right to apply for patent.

Transfer of the patent should pay attention to the following points:

1. Avoid blinding expand patent value -- for the base price of the transfer of patent rights, which should be able to clinch a deal for the principle. Or it is likely to be failed of cooperation.

2. Avoiding be fast - patent transfer is a legal procedure, it is recommended that the best Commission related to the industry (such as lawyers), the relevant operation, do not sign the contract on their own;

3. Cooperation should be put in the first place --the purpose of patent development is not only certainly for one’s own, it is more important to the society, benefiting and contributing to life. A patent technology with a certain technical content and market capacity, before conversion to social productivity, there is only technology. So industrialization is the highest standard of society and human being. And in a way, appropriate concessions and reduce base price, which is very necessary, after all, cooperation is both sides need to show sincerity.

4. Making relevant records as well as possible to make the record in the transfer process, this is very important for the follow-up questions as well as the distribution of benefits. Before the transfer, do not be easy to assess the value of such operations, in particular, do not easily follow others’ requirements of such operations. Before the transfer formalities are fully completed, do not easily deliver technical documentation and related drawings and other specific information.

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  Compass foreign business service center (Abbrev. Compass) is a comprehensive agency that can provide one-stop service for foreign businessmen from around the world. It’s the professional agency that get the permission to establish by Chinese government. Compass provides one-stop agency services for foreign businessmen in China- investment, purchasing, joining electronic commerce platform and marketing.
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