Implications for Businesses

As illustrated throughout this book, although China’s current IP regime poses a range of risks, i.e., hazards and costs, to various actors participating in the country’s NIS, firms are often most directly and significantly impacted. In this chapter, we set-forth several basic tools that firms can use to manage these risks. We first discuss a few novel frameworks that integrate risk management tools with IP management concepts. We then discuss general best practices for managing IP in China.