Rebirth of a Top Student's Handbook

Chapter 160 Planning an Intellectual Property Company

After making up his mind, Chen Sheng quickly waved the documents in his hand and asked, "Should we not outsource this batch of patent applications for now? Should we hand them over to them once our patent department is set up?"

Zhou Min shook her head and said calmly, "No need, let's outsource for now! Our business will be huge in the future, and we'll probably have to outsource a portion of it for a long time."

"So many?" Chen Sheng frowned upon hearing this.

"Yes, I plan to take over some of the patented inventions of the school's teachers and students."

Zhou Min knew that many inventions were registered by others before the inventors even realized it.

By the time they realized it, it was already too late.

Some students or teachers may be aware of this, but the process of registering a patent is quite complicated and time-consuming.

It is quite difficult for someone who is not a specialist in this field to register a patent.

Especially for invention patents with complex content, if the application is not prepared by a professional, even if it is registered, the rights and claims will usually be full of errors and omissions, making it easy for others to take advantage of the loopholes.

Thus, the rights and interests protected are very limited.

If an invention is highly practical, and the claims are well-written, the patent holder can live comfortably off the patent fees.

Zhou Min felt that she could get a share of the rights by helping these teachers and students register patents.

This way, the profit margin for oneself in the future will definitely be huge.

Yes, it's not just the Capital University; if teachers and students at other universities have this need, we can fully meet it.

Zhou Min became more and more excited as she thought about it.

Looking at Zhou Min's expression and combining it with what she had just said, Chen Sheng had already guessed Zhou Min's next thought.

Chen Sheng mentally calculated the current revenue of the education website, but still interrupted with a troubled expression, saying, "Your idea is good, but if we want to go to such a large scale, we definitely won't have enough office space."

"The salaries of professional engineers are also quite high. A slightly more experienced patent engineer can earn at least 20 yuan a year, and they also receive a commission for each case."

"As far as I know, the commission for an invention patent is about 3000 yuan."

"Therefore, if we don't charge fees for representing the patents of teachers and students in schools, the upfront costs would be too high."

Chen Sheng knew that Zhou Min was definitely interested in the future value of these patents. In order to develop this business, Zhou Min would most likely help with registration for free in the early stages and then share the profits later.

The idea is good, but the company's current funding is indeed insufficient.

"It's okay, I'll sell off my shares in those online stores in the next few days."

Zhou Min had already planned this out, and now she's focusing all her energy on her education company.

Zhou Min had long since stopped concerning herself with the online store.

If you do nothing and just keep receiving dividends, your partners will eventually have complaints.

So let's just sell them all now.

Chen Sheng was also quite surprised to hear this. He had always known that Zhou Min owned shares in many online stores.

When the company was short of money last time, Zhou Min mentioned selling the online store.

Fortunately, the website was later upgraded, and a website member registration function was added.

This brought a large influx of funds to the company, which is why Zhou Min's shares in the online store have remained to this day.

Chen Sheng made a rough estimate and found that with Zhou Min's current financial resources, maintaining the operation of a medium-sized intellectual property company for three to five months should not be a problem.

The question now is how to quickly make this intellectual property company profitable.

Chen Sheng pondered for a moment, but still couldn't come up with a good idea, so he simply asked, "Do you plan to take on any more patent registration orders from outside sources?"

This was the only way Chen Sheng could think of for his intellectual property company to make a short-term profit.

"Not for the time being."

After saying this, Zhou Min stopped the conversation, lowered her head, and began packing her things to go back to her office.

Seeing Zhou Min's actions, Chen Sheng knew that she didn't intend to continue.

Although Chen Sheng didn't understand, he didn't press Zhou Min for an answer because he trusted her. After saying goodbye, he went back to work.

Zhou Min watched Chen Sheng walk out of the office, frowned and thought for a moment, feeling that she still needed to recruit a few more managers; Chen Sheng was being too conservative.

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