Turning the Corner? Protecting Innovation and Investment in China's Rapidly Evolving Business Landscape (Chicago, IL)

The implementation of the Third Amendment to the Chinese Patent Law signifies China’s desire to create a business environment that provides stronger IP protection aimed at promoting foreign investment, innovation, and business expansion.

Foley and Deloitte recently presented the Global Marketplace — Eye on China: Roundtable Series, which explored how international companies investing in and locating new business, technology, and cutting-edge R&D in China can benefit from China’s strengthened IP laws — as well as changes in tax and business regulations — to harness, protect, and grow their business assets in China.

Guest Speaker

• J. Bruce Schelkopf is the Chief Counsel of Global Intellectual Property Law for Cummins Inc., a $14-billion world leader in the manufacture and distribution of diesel engines, filtration systems, electric power-generation systems, turbochargers, and power-related products. Mr. Schelkopf also is CEO of Cummins Intellectual Properties, Inc., the IP company of Cummins Inc.

Specific topics included:

• Challenges and opportunities arising from the Third Amendment


• New opportunities for U.S. IP holders resulting from increased cooperation between the United States and China


• General strategies for protecting IP in China


• Protecting IP through nondisclosure agreements and non-compete agreements


• The impact of IP-related incentives on corporate decisions to locate in China


• New opportunities and challenges in Chinese markets, including rising costs, increasing talent, and burgeoning consumer markets


• Chinese enterprise income tax reform, business tax updates, and technology-related tax incentives


• China’s changing role for manufacturers

Panelists:

• J. Bruce Schelkopf, Chief Counsel of Global Intellectual Property Law, Cummins Inc.


• Joshua Timberlake, Senior Manager, Deloitte Consulting LLP


• Sarah C. Winters, Director, Deloitte Tax LLP


• Ken Duck, Foley Senior Counsel and member of the firm’s China and International Practices and Automotive Industry Team


• Jon Dudas, Foley IP Litigation Partner and former Under Secretary of Commerce for Intellectual Property and Director of the USPTO


• Catherine Sun, Foley Shanghai Office Managing Partner and Asia Practice Chair

For more information, contact Delia Dai at ddai@foley.com or 312.832.4506.