The China Technology Exchange officially launched the one-stop service platform for intellectual property, also known as the "IPOS" platform, on Aug. 17 in Beijing, marking a step toward creating an effective channel for capital to flow into technology.
Data shows that merely 5 percent of the 30,000 scientific and technological breakthroughs developed annually are ready for commercialization and enter the market in China. This is far behind the 30 percent utilization rate in developed countries.
Though it has undergone 30 years of development, China's technology market, which is currently the main channel of the commercialization of scientific and technological achievements, has bottleneck problems that still must be solved. These problems include the lack of a standardized price set for technical achievements, a dearth of trading links, an unsound credit system and a shortage of incentive mechanisms,.
To read the full, original article click on this link: China launches one-stop shop for intellectual property - People's Daily Online
Author: Li Mu
