Nearly 8,000 Licensing Deals Concluded Since Start of Patent Open Licensing Trial Program
"As of the end of June 2023, over 1,500 patentees from 22 provinces attended the trial program that has selected 35,000 patents with market potential and easy for promotion and commercialization, matched these patents' information with the specific need of 76,000 SMEs and pushed to them, leading to the conclusion of nearly 8,000 licensing deals eventually." The press conference on IP work in China for the first half of 2023 tells that with the expansion of the trial program on patent open licensing, an increasing number of patents have transformed from stock in the warehouse to growth in the market.