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Chapter 1 : Standard Patent System (64 submissions received)<br />
2. Will there be sufficient demand to support an OGP system in Hong Kong? Will it be a cost-effective system?<br />
patent grant in China, then apply for re-registration of the patent in Hong Kong at<br />
reasonable costs. However, if an OGP system is introduced in Hong Kong, he will<br />
need to file a separate patent application in Hong Kong. He is wary that the<br />
additional patent application will create extra costs, uncertainty and delay for an<br />
inventor seeking patent protection in Hong Kong.<br />
does not think there will be demand for the OGP system.<br />
Guy Chan thinks that any system can be cost-effective if the one who runs it wants it<br />
to be. He however opines that the higher the price tag, the lower will be the<br />
demand and the system will end up being a white elephant.<br />
thinks that an OGP system will be cost-effective if substantive examination<br />
is outsourced since the examination can be done by the jurisdiction in which the<br />
applicant wishes to apply for a patent.<br />
A respondent highlights the fact that the number of applications for patents filed<br />
during the past five years is on the low side and the costs will outweigh the benefits<br />
of setting up a separate body or mechanism to deal with patent applications.<br />
A respondent stresses that importance should be placed on promoting innovative<br />
inventions rather than the cost-effectiveness of the system.<br />
A respondent thinks that whether there will be sufficient demand for the OGP<br />
system will depend on whether the OGP system is to replace the short-term patent<br />
system or the standard patent system. He suggests that, for multinational<br />
corporations, the filing strategy is made early on and making the Hong Kong system<br />
more expensive and complicated would increase the risk of such parties not opting<br />
to file in Hong Kong; whereas for smaller companies, they generally file a first<br />
patent in their home country and then decide whether to file elsewhere later and,<br />
because of the small market that Hong Kong represents, filing in Hong Kong is<br />
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