Rebirth of a Top Student's Handbook

The boy seemed to be in a bad mood. After nodding in response, he lowered his head and left.

After the boy walked away, Zhou Min couldn't help but ask curiously, "What kind of contract?"

He's only a freshman and already has a contract; this guy must be really capable!

Teacher Gong didn't answer Zhou Min's question. Instead, she pinched her brow and asked in a slightly tired voice, "What do you want to see me about?"

Seeing this, Zhou Min didn't pay much attention and immediately changed the subject to explain her purpose.

During this process, Teacher Gong put down his hands and began to type on the keyboard in front of him with a cold expression.

Zhou Min paused as she watched Teacher Gong's actions.

Seeing this, Teacher Gong urged without looking up, "Continue."

"I was thinking that this way we could not only make money, but also protect our country's patent inventions, so that they wouldn't be registered by foreign countries and we wouldn't have to pay to buy their patents."

"At the same time, it allows some small and micro enterprises to use affordable patents, and also gives some ordinary invention patents the opportunity to be monetized, which can also have a positive effect on the domestic technology industry."

As soon as Zhou Min finished speaking, Teacher Gong asked with a serious expression, "Have you calculated the cost of this?"

As Mr. Gong spoke, he turned the computer screen on his desktop toward Zhou Min.

Zhou Min was stunned when she saw the chart on Teacher Gong's desk.

Is this global patent application and transaction data?

In this era before the internet was widespread, how could Teacher Gong even find something like this?!

Thanks to her past life, Zhou Min had a general impression of these things, but it was far less exciting and intuitive than seeing the data directly now.

In 2008, only 19 invention patent applications were submitted nationwide in China, of which only 2.5 were granted.

Globally, over 3000 million invention patent applications have been submitted, of which 70 have been granted.

China, the world's most populous country, has one-fifth of the world's population, yet its patent grants last year accounted for less than 5% of the global total. This figure ranked 8th in the number of global patent grants in 2008.

Zhou Min looked at Country A, which ranked first, with 1890 million invention patent applications in 2008, of which 42 were granted.

Country J ranked second, with 346 million invention patent applications in 2008, of which 8.6 were granted.

.......

The further you look, the more astonishing the data becomes.

This was just the difference between applying for market registration. After looking at the data in the trading market, Zhou Min was speechless.

Last year, Country A saw 807 patent transactions, involving a total of [number] patents, with a total transaction value of 53 billion A yuan, which is equivalent to 371 billion RMB.

On average, the market price of a single patent is as high as RMB 295 million.

The patent trading markets of other countries that rank highly, even if not as impressive as Country A, are still quite competitive.

In China alone, there were 2312 patent transactions, with a total transaction amount of RMB 244 billion.

Most of these patents were purchased from abroad.

The number of patent transactions that actually belong to the domestic market is negligible in the overall picture.

.......

Zhou Min looked at the data in front of her, and the more she looked, the more complicated her feelings became.

Looking at Zhou Min's solemn expression, Gong Yu sighed and said, "This data was compiled by an analysis agency, so it's not entirely authoritative. There may be some errors or omissions, but that's roughly the situation."

Most patent transactions are conducted confidentially, making it difficult to find the original data on the market.

Only a small number of research institutions will spend a lot of time and effort to collect and analyze this data.

These data may come from the parties' voluntary disclosure, the patent office's public information, or some intermediary agencies.

Data collected in this way will inevitably have some omissions, but generally the impact is not significant.

Upon hearing this, Zhou Min replied in a slightly dejected tone, "I had thought the comparison would be brutal, but I didn't expect it to be this brutal."

"So I advise you to think this through beforehand; it's not something that's easy to accomplish," Gong Yu said, turning the computer screen around.

Zhou Min was not intimidated by this. Instead, she confidently raised her chin and said, "It's alright. The bigger the gap, the greater our development potential. Given the size of our market, this is definitely a huge blue ocean."