How can university patenting assist industry development in the face of growing patent wars? The case of Taiwan

The statistics from Taiwan's Central Bank shows the deficit of international payment balance on intellectual property rights has hit historically high up to 5 billion U.S. dollars in 2011. In 2012, the share of Taiwanese respondents of patent infringement cases in the U.S. International Trade Commission (USITC) [1] has approached 20% of total investigation. Moreover, the 2012 2013 Global Competitiveness Report (GCR) of the World Economic Forum (WEF) [3] indicates that “Insufficient Capacity to Innovate” is the fourth “most problematic factor for doing business” in Taiwan.