Friday, December 11, 2015

Patents of Japanese National Universities Are Liabilities, Not Assets?!

According to the investigation by Board of Audit of Japan, it was found that more than 80% of national universities and independent administrative corporations are in deficit on the patent balance of payments in 2009-2013. They could not earn more money from their patents than patent filing and maintenance fee. They were totally 18M dollars (2.2B JPY) in the red in 2013. 

As a result of the investigation, Board of Audit of Japan instructed them to deal with this issue, e.g. by withdrawing or disposing patents which they cannot commercialize. Therefore, many patents of them may appear on the patent market soon. 

Press Release of Board of Audit of Japan (Japanese)

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