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Thứ Sáu, 17 tháng 8, 2012

Enterprises fail to recognise benefits of patenting products

Pham Hong Quat, deputy chief inspector of the Ministry of Science and Technology, spoke with the newspaper Dat Viet (Vietnamese Land) about the role of patents in increasing business competitiveness.
What benefits do patents have for enterprises?
Many enterprises have developed science and technology products eligible for global patents, but have failed to register them.
Some of these products originate from State-level research, but ownership rights remain unclear. Inventors do not want to register their projects for fear of causing ownership disputes or leaking trade secrets.
However, many are not aware that patents only require between 70 and 80 per cent of the product design, and the rest, which is usually the most important information, is kept secret. Without advice from the inventors of these products, others have little chance of replicating them.
After enterprises have registered their products, they are given exclusive rights for their design, and can sue anyone who infringes upon them.

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