Taiwan Companies Frequently Bombarded with Foreign Patent Rights Lawsuits, Government Plans to Provide Loan for Support
E030909Y1 Oct. 2003(E47)
In order to protect the research and development achievements in Taiwan, during a conference of finance and economics yesterday, the Executive Yuan decided that as soon as the patented companies which are exploring overseas markets are inappropriately accused of patent right infringement, the government will back them up. In the initial planning, the government will appropriate the China-America Economic Development Fund (中美基金) as the security for providing the companies with a loan of any lawsuit fees arising from the competitors’ inappropriate accusations.