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Beijing Diaoyutai State Guesthouse
Sponsor:Development Research Center of the State Council
Organiser:China Development Research Foundation
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(2021) Intellectual Property Protection: Laying the Groundwork for the Innovation Economy

As the foundations of the innovation economy, the amount and quality of intellectual property are key indicators of a nation or region's technological innovation capability and economic vitality. In this session, guests shared their insights and views on topics including implementation, application, and institution building for intellectual property protection, and offered related suggestions for businesses, governments and international organizations.

Zhang Ping shared her observations and understanding from three dimensions. First, she said, the relationship between intellectual property regimes and technological innovation is not direct or linear. Instead, intellectual property regimes encourage innovation by granting market entities the right of monopoly.

Second, the core purpose of an intellectual property regime is to enhance market competitiveness. In the early stages of their development in China, MNCs deployed a huge amount of intellectual property in the country, and took up large market shares.

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