Solving One Patents at a Time

Did you know that there is a patent filed every minute in China and an average of 16 patent lawsuits are filed in the US? With global intellectual property transactions valued at $20 billion a year, the patent industry is one that is on a path of continuous growth. However with patents filed everywhere around the world, it is difficult for innovators to determine if their idea is fresh or if they can collaborate with someone to solve a larger problem. Jeffrey Tiong, CEO and founder of PatSnap aims to solve that.