Patent explanation
 
Knowledge Economics is based on the combination of land, labor, capital, team , patent certificate and know-know. It means to connect with global.
Innovation means profit.
Patent can give us following benefits:
a. Promote the competitiveness
b. Increase the Value-added
c. Create extra-profit
d. Promote company’s reputation


Patent can help company to avoid following risk and loss:
a. Litigation risk in case of tort behavior
b. Compensation loss in case of tort behavior
c. Company’s reputation loss in case of tort behavior
d . Waste of labor, money, time and others in case of tort behavior


Business model among cooperation
Licensing / Papacy company give licensors authority to manufacture products by himself what is concerned with the PSL patent portfolio according to the content of licsesing contract between Licensee and licensor.
Co-operation manufacture:/ Plant or manufacturer can co-operate with papacy company in raising to start up a new company or team to develop and manufacture those products what are concerned with PSL patent portfolio.
OEM / ODM: / Papacy welcome the custom-made inquiry from customers. Including OEM and ODM.
Exclusive agent or Non-exclusive agent: / Papacy company welcome to set up a exclusive in fixed district according to the request of agent.
Intellectual property (IP) map