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Chapter 2 : Short-Term Patent System (50 submissions received)<br />
6. What benefits does the short-term patent system bring to Hong Kong? Does it promote local innovations?<br />
examination) such as utility models or petty patent systems in other countries.<br />
Nigel Lee thinks that the system is important to SMEs and individual inventors for a<br />
quick and non-expensive route to obtain a patent as well as priority right and would<br />
help nurture local innovation at their infant stage.<br />
Kam Wah Law believes the short-term patent system can promote local innovation,<br />
just as other countries with a utility model patent system believe that their systems<br />
promote local innovation.<br />
Sam Yip is of the view that the short-term patent system provides a fast and<br />
affordable system for protecting simple inventions or innovative products that have<br />
a short market lifespan.<br />
Benny Kong thinks the system fits the needs of most, if not all, SMEs.<br />
A respondent notes that the short-term patent system is useful for SMEs to obtain a<br />
quick filing date cost-effectively and is widely used by SMEs. It therefore does<br />
promote local innovations.<br />
6.6 Others<br />
HKPC<br />
HKPC notes that the short-term patent system provides a fast and relatively<br />
inexpensive way of registering a patent and is beneficial to protecting inventions<br />
with a short life cycle in the market. Also, Hong Kong short-term patents provide<br />
the privilege of claiming priority under the Paris Convention. The short-term<br />
patent system fits well to the fast business environment of Hong Kong and plays an<br />
important role in creation, commercialisation and enforcement of patent rights.<br />
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