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Research on Open Innovation in China: Focus on Intellectual Property Rights and their Operation in Chinese Enterprises
Abstract
In the knowledge economy era enterprises experience extremely severe competition the intensity of which may be seen in the rate of technology innovation: finally technological innovation can result in the creation of intellectual property (Wu, 2006). “Even great technologies no longer can be relied upon to earn a satisfactory profit before they become commercialized” (Chesbrough, 2007). The effective ways to achieve the commercial value of intellectual property rights relies on the use of intellectual property. An in-depth study of this subject has important theoretical and practical significance for improving the international competitiveness of Chinese enterprises and for protecting their intellectual property rights.
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