China launches one-stop shop for intellectual property

The China Technology Exchange officially launched the one-stop service platform for intellectual property, also known as the "IPOS" platform, on Aug. 17 in Beijing, marking a step toward creating an effective channel for capital to flow into technology.

Data shows that merely 5 percent of the 30,000 scientific and technological breakthroughs developed annually are ready for commercialization and enter the market in China. This is far behind the 30 percent utilization rate in developed countries.

Though it has undergone 30 years of development, China's technology market, which is currently the main channel of the commercialization of scientific and technological achievements, has bottleneck problems that still must be solved. These problems include the lack of a standardized price set for technical achievements, a dearth of trading links, an unsound credit system and a shortage of incentive mechanisms,.

The IPOS is a significant market-driven platform to implement the national intellectual property rights strategy. It has integrated an abundance of service resources, which include leading domestic and international intellectual property data providers, law firms, certified accountants, consulting organizations and training institutions.

As a fourth-party platform, the IPOS is expected to provide high-quality comprehensive intellectual property rights services for the government, business sectors, science and technology parks, research institutes and various types of investment institutes.

It is also available for customers to raise awareness of intellectual property rights protection, improve intellectual property managerial level and advance efficiency of commercialization in intellectual property rights.

The China Technology Exchange is a technology transaction service institute established by the Beijing Municipal People’s Government in partnership with the Ministry of Science and Technology and the State Intellectual Property Office under the approval of the State Council on Aug. 13, 2009.

By Li Mu, People's Daily Online