Innovation Policy

Outcomes of the Fifth US-China Innovation Dialogue

The White House Office of Science and Technology Policy recently released a blog on the results of the bilateral Innovation Dialogue with China with the Ministry of Science and Technology and other agencies: http://www.whitehouse.gov/blog/2014/08/13/outcomes-fifth-us-china-innovation-dialogue.

Of particular note are the provisions regarding sanctity of contracts involving inventor compensation. According to the blog:

The United States and China resolved to protect the legal rights of inventors in accordance with their respective domestic laws and regulations, and in line with their domestic laws committed to respect the rules and policies developed by employers and/or legitimate contracts between employers and inventors concerning the awards and/or remuneration of inventors.

For further background see: https://chinaipr.com/2014/04/03/new-service-invention-draft-regulation-and-web-page/ .

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