How does Chinese law define and regulate the transfer of patents and other intellectual property rights?

Chinese law has a specific set of regulations that govern the transfer of patents and other intellectual property rights. According to China’s Patent Law, patent rights can be assigned, licensed, or authorized through co-ownership. When assigning patent rights, the holder of the patent must have a full and definite understanding of the details of the transfer, and the assignee must obtain a power of attorney from the assignor. The assignor must also document the transfer, and the assignee must register it with the State Intellectual Property Office. For patent licensing, the licensor and licensee agree on the terms of the agreement, including the time limit of the contract, the payments to be made, and any other provisions. Depending on the country, this contract must also be registered with the Intellectual Property Office. The licensee has limited rights to use the patent, and the licensor may still use the patent or transfer it to a different party. In the case of co-ownership, two or more parties own the patent rights together. Co-ownership of a patent is regulated by the country’s Patent Law, and the agreement between the parties must be in writing. Co-owners of a patent must also agree on the terms of the agreement, such as who has the right to commercially exploit the patent and who should receive the profits. The agreement must also be registered with the State Intellectual Property Office.

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How does Chinese law define and regulate the transfer of patents and other intellectual property rights?

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