According to the report of Nandu Daily, Mr. Ding Lei, the CEO of NetEase (NASDAQ: NTES) and the representative of People’s Congress in China stated on the conference of Guangdong People’s Congress that despite the innovation could make customers more satisfied and bring more market share to the company, which is also the impetus to the company, it’s also haunted with the dilemma of “more innovation more suffering” due to the weak protection on IPR by the state.
According to Ding’s words, the lawsuit on the infringement against the company may last for years, therefore the proceeding may be a suffering to the company; moreover, the judged compensation may be very low even the infringed company wins the lawsuit. “Previously, Baidu stately posted the works of Han Han in its product Baidu Wenku, and why? The reason could only be the poor combat on the infringement”, said Mr. Ding.
And Mr. Ding also suggested the leading position by Guangdong in innovation in this field, namely to strengthen the combat on the infringement and handle the typical IPR cases, thus the innovation environment in Guangdong could be improved. Furthermore, to promote the transformation and the upgrading of the economy nationwide, the strengthening on the IPR protection is also urgent and necessary.
Bridge IP Law Commentary holds that Mr. Ding’s words show the awareness by the local entrepreneur of the first class that the weak IPR protection not only damages the interests of foreigners but also hinders the domestic innovation.
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Founder & Editor-in-Chief of Bridge IP Law Commentary
Partner & Attorney-at-law of Shanghai DeBund Law Offices
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Bridge IP Law Commentary is a website focus on the introduction of commercial laws in China, especially the intellectual property laws. All the posts here are our original works. And all news or cases referred here are from public reports, and our comments or analysis are of due diligence, neutrality and impartiality, representing our own opinions only and are our original works. You may contact us shall you have any opinions or suggestions.
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