Innovation's Crouching Tiger: An Introduction to the Innovation Regime and IP Monetization in China

You may choose to collaborate, or to compete, but you cannot afford to wait and see! In facing China's increasing influence on technology and innovation, this book unveils China's innovative ecosystem through three crucial perspectives and concludes with effective strategies for maximizing your IP advantage.

Readers who will benefit most from this book are:

‧ Foreign investors in China, especially those in creative or high-tech industries;

‧ Legal, accounting or consulting professionals advising on doing business in China;

‧ Observers or commentators following the development of China's IP regime; and

‧ Managers of global organizations competing with Chinese opponents on the innovative front.

Praise for Innovation's Crouching Tiger

Commercial law, like so much else in contemporary China, has in recent years been evolving at a pace foreseen by few observers. In this concise book, Jili Chung brings the reader up to date on important developments in intellectual property law in China - developments with special relevance to high-tech companies. With his training as an attorney and his broad experience in China, he brings an expert's touch to the topic that few can match.

- John Akula, MIT Sloan School Senior Lecturer in Law

China has the potential to become the largest IP market in the world. Jili Chung offers indispensable perspectives on China's historical and cultural traditions for understanding this growing market.

- Wu Zhipan, former Executive Vice President of Peking University

Bravo! Dr. Jili Chung does an excellent job tackling a complex topic and presents a unique 360-degree perspective as an engineer, IP lawyer, tech business executive and lover of Chinese cultural values. Dr. Chung's work on China's growing IP business and legal regime is relevant, timely and important - a must read for entrepreneurs wishing to optimize, and competitors working with, China's innovation ambitions.

- Grace Parke Fremlin, corporate attorney-at-law in Asian M&A, FDI, IP, and a partner at multiple global AMLAW 100 law firms advising companies on their investment efforts for global competitiveness.

Innovation and IP have become fundamental to succeeding in any business opportunity in China. The country's speed, creativity and the variation with which it handles innovation and IP make it challenging to manage. Bringing decades of experience in China to the subject, Jili walks the reader through in-depth analysis, insiders' insights, and case studies with ease, sharing his practical experience and valuable tips for managing these issues. Even more crucially, Jili reveals hidden recipes for leveraging different types of IP rights, enabling investors, entrepreneurs, and innovators to realize and maximize the value of their IP. Jili navigates this complex new world, sailing smoothly through issues of technology, knowledge, leverage and financing. The crouching tiger is in its prime time and ready to act. With this book, so are you.

- Ming-Tao Yang, a partner of Finnegan, Henderson, Farabow, Garrett & Dunner, LLP