Shanghai launches IP association to boost scientific innovation

Shanghai's Intellectual Property Service Association was established on Friday as the city works to build itself into a scientific innovation center.

The association will provide services and support relating to intellectual property, including areas like consultation, training, application, achievement transformation, legal rights and financing.

According to the association, it aims to lend a hand to companies and entrepreneurs who want to contribute their knowledge and ideas to the making of Shanghai as a scientific innovation center.

Vice Mayor Chen Qun said IP service is the key to transforming intellectual results that people spend years achieving into real rewards for society.

“The city is eager to be geared to international standards on intellectual property protection,” Chen said. “The association should be the footstone toward building a globalized IP service system.”

At the founding assembly, the association signed an agreement with The Association for the Promotion of International Trade of Japan. In the future, cooperation with more international organizations is expected.