Congratulations to one of my clients, who is one of the award-winners of the “Innovation-Knowledge Enterprise Award” which is co-organized by the Hong Kong Productivity Council and Guangdong Provincial Intellectual Property Office since 2004.
This award is targeted with a view to increase the Intellectual Property (“IP”) management capability of Hong Kong and mainland enterprises. When the enterprises are facing the arising challenges from the Pearl River Delta region due to the economic upsurge, this award serves as a tool to upgrade them from Original Equipment Manufacturer (OEM) to Original Design Manufacturer (ODM) and Original Brand Manufacturer (OBM).
As it is commonly known, or recognized, that there are tremendous infringement products from the mainland China, this award become more important, meaningful and perhaps sarcastic!
My client is a product development and investment company. The main business is to identify product improvement opportunity and invest in the design, whereby intellectual protection is the major vehicle to protect the return on investment.
My client is involved in inventions related to product improvement and new product design. The areas of improvement include improvisation on functionality, durability, cost in production and maintenance. They have the core design and management team resides in Hong Kong and has a manufacturing facility in Dongguan where a team of draftsmen, testing engineers and production workers helps the design, prototyping, testing and pilot run process. With more than 150 workers, the Dongguan factory also produces products that export to North America, Europe and Middle East.
My client has applied and obtained more than 10 patents for design done before 2006. All of these patents are now commercialized and products being sold or licenses granted to US companies. Since 2006, the group has filed more than 15 patent applications per year in the PRC, United States, and European Community. Currently, they own more than 70 patents or patents pending right in these countries/community. Non-exclusive license rights for about one-third of patents pending are granted to companies which expects to market products using these new invention in their respective countries. Of course, we handle most of their intellectual property related work.
Further information about the Award can be found here:
Congratulations to your client!
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