Patents attract 3 million yuan at first large-scale auction
Write:
Ari [2011-05-20]
Eight companies won bids for 28 invention and utility patents worth a combined total of nearly 3 million yuan ($450,000) at an auction on Dec 16.
Ninety high-tech patents offered at the auction included those in information technology, wireless communication, data security, networking of everyday appliances and high-performance computing.
All the patents were developed by the Chinese Academy of Science's Institute of Computing Technology.
It was the first time that a single professional scientific research institution held such a large-scale patent auction.
Source:China Daily