Discussion on Intellectual Property Rights in China
BEIJING, China Recently a Conference on Intellectual Property Rights (IPR) was held in Beijing with the goal of furthering IPR protection in China. Dahon is one of the big victims of IPR violation. Over 50% of the 4 million folding bikes sold in China in 2006 were in violation of one or more Dahon patents.
BEIJING, China – Recently a Conference on Intellectual Property Rights (IPR) was held in Beijing with the goal of furthering IPR protection in China. Dahon is one of the big victims of IPR violation. Over 50% of the 4 million folding bikes sold in China in 2006 were in violation of one or more Dahon patents.
The discussion on Intellectual Property Rights took place at the the Fifth Ambassador’s IPR Roundtable Conference that was held mid November in Beijing. Hosted by US Ambassador Clark T. Randt, the conference was attended by political and business dignitaries from China and the United States, including China Minister of Commerce, Mr. Poxilai. Also in attendance were representatives from the leading victims of IPR violation in China – Microsoft, Honeywell and Dahon, the US based manufacturer of folding bicycles.
“It’s very encouraging to see the strong steps the China central government is taking to protect IPR,” stated Dr. David Hon, Dahon CEO. “Economic engagement has been good and China realizes the value of IPR protection, not only for continued foreign investment but for the growing number of world class Chinese companies that invest in their own R&D. But it’s also true that local compliance needs a lot more attention.”
Dahon is one of the largest IPR victims in China. With the support of the American Chamber of Commerce and various Chinese economics ministries, Dahon has been aggressively moving to stop violation of its patents. Two in-house lawyers work full time on patent protection issues. Companies that are found to violate Dahon patents are given the option of licensing the relevant patents from Dahon and many have taken advantage of this win/win approach.
During the Conference Dr. Hon presented a paper on practical barriers to IPR protection and what steps to take to overcome those barriers.