Jun 12, 2024 08:21 AM
CX DAILY
CX Daily: Turning Research Into Revenue – China’s Quest to Bring Lab Inventions to Market
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Despite holding more than 1 million valid patents by the end of 2022, research institutions and universities in China had only managed to convert fewer than 4% of their inventions into industrial applications
Inventions /
Cover Story: Turning research into revenue – China’s quest to bring lab inventions to market
China leads the world in patent filings, with telecoms giant Huawei Technologies Co. Ltd. by far the largest filer internationally, yet transforming the achievements of the nation’s universities and research institutions into profitable businesses remains a challenge for inventors and innovative entrepreneurs in the world's second-largest economy.
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