In China, companies that need short-term liquidity to secure business during and after Covid-19 can easily secure a loan by pledging their intellectual property. Although this method is not new, it is gaining in importance in the crisis. According to the Chinese National Intellectual Property Administration, the total amount of financing through patent and trademark… Continue reading Secure Corona Loans with Trademarks and Patents
Tag: Corona
Covid-19: Protect Supply Chains Now against Counterfeiting
The pandemic not only leads to global markets being flooded with counterfeit medical products. Because suppliers fail, counterfeit brands and products are also penetrating the supply chains of original manufacturers in other segments and replacing the missing original products. It is now important for brand owners to monitor and protect their supply chains. Counterfeiters often… Continue reading Covid-19: Protect Supply Chains Now against Counterfeiting
Covid-19 and Business: Learning from China
When it comes to business reactions to Covid-19, many Chinese companies are ahead of us. Take the automotive industry, for example: While managers of German brands in China stare spellbound at plummeting sales figures, competitor Geely is launching a corona-safe model on the market. The entire system of the SUV Geely ICON is equipped as… Continue reading Covid-19 and Business: Learning from China
Corona Fires Counterfeiting and Cybercrime
The current pandemic is leading to a massive increase in corona-related activities in counterfeiting and cybercrime. For example, in February, the Chinese authorities seized more than 31 million counterfeit or low-quality face masks that appeared on the market in the middle of the corona virus outbreak. The government authorities are targeting criminal suppliers and dealers… Continue reading Corona Fires Counterfeiting and Cybercrime
Epidemic-related Trademark Applications are Rejected in China
It was to be expected: In China, in connection with the epidemic, countless individuals and companies are registering trademarks related to Corona. By 16 March 2020, the China National Intellectual Property Administration (CNIPA) had received more than 1,580 trademark applications in this regard, 328 of which were rejected. CNIPA rejects trademark applications such as “火神山”,… Continue reading Epidemic-related Trademark Applications are Rejected in China