How to effectively manage intellectual property right (IPR) has been brought to the fore among multiple firms as it acts as corporate core asset.
Neway Valve, as the leader in valve community, always considers IPR as the core asset, thus, we have made massive investments of human resources and materials in product innovation and optimization. A series of IPRs has been obtained as a result. Meanwhile, to facilitate management and protection, Neway has internally rolled out a system by the name of “Management and Standardization of Corporate Intellectual Property Right”.
The system indicates that IPR has been a strategy for leadership, integrating several management elements, including managerial philosophy, body, pattern, staff and mechanism. It is intended for fulfilling the mission, corporate innovation, IPR legal risk precaution and value maintenance and addition of IPR asset
Subsequent to the continuous improvement, the system has been standardized, which makes Neway more capable of minimizing and avoiding risks and brings IPR into R&D, purchase, fabrication, sells and management all through. On Sept.12th 2016, Neway was qualified by an authoritative institute and gained IPR management certificate. Today, Neway boasts global data base under the system, routinely monitoring the data within the industry. It serves as not only a safeguard but a precaution against copycats from competitors.
The certification, on one hand, has refreshed Neway brand and protected corporate credit. On the other, it helps navigate Neway's creation in IPR, representing a landmark on our road of innovation-driven development.
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