

Only profitable university patents boost progress
- However, in 2022, the patent conversion rate for Chinese universities was only 3.9 percent, significantly lower than the industrialization rate of valid invention patents and far behind other leading countries such as the United States (50 percent) and Germany (over 80 percent).

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[ https://www.chinadaily.com.cn/a/202412/13/WS675b7295a310f1265a1d2a00.html ]
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