Abstract: To encourage innovation and develop new quality productive forces, I’d like to put forward several suggestions. First, it is necessary to leverage the decisive role of the market in allocating resources.
Second, it is essential to respect intellectual property rights, including patents, trademarks, trade secrets, geographical markings, etc. In particular, we must respect the rights to the market exclusivity and independent pricing of patents, to provide enterprises and investors with stable market expectations and encourage invention, innovation, and entrepreneurship.
Third, the creativity of scientific and technological personnel must be stimulated. The relevant provisions of the Law of the People’s Republic of China on Promoting the Transformation of Scientific and Technological Achievements should be effectively implemented to allow scientific and technological personnel greater autonomy in the distribution of proceeds from the transformation of scientific and technological achievements, thus motivating scientific and technological researchers to invent and create.
Fourth, the protection of intellectual property rights must be strengthened. It is important to draw upon international practices and amend the relevant provisions of the Criminal Law of the People’s Republic of China to criminalize the manufacture, transport, and sale of products infringing on intellectual property rights, determining charges according to actions and sentences according to consequences, and to abolish the prerequisites such as transporters, value of goods, motives, and serious consequences.
Fifth, institutional openness must be accelerated. It is significant to continue to promote reform through opening up, learn from advanced international experience, improve the market economic system and the macroeconomic regulation system, break down the institutional barriers that constrain innovation, to provide a more relaxed external environment conducive to innovation and development.
