The amount and value of the intangible assets owned by a company betokens the companys technological level and its competitive capability. Under the influence of the integration of the world economic and the globalization of the intellectual property protection, a number of pesticide enterprises in Chinas agrochemical market have realized the importance of intellectual property protection and began to attach great attention to it. The below table lists Chinese companies which have relatively more patent applications.
Part of Pesticide Companies with over 50 Patent Applications in China
Company Name
Total Applications
Invention
Utility Model
Product Design
Syngenta (China) Investment Co., Ltd.
633
496
0
137
Institute of Plant Protection of Chinese Academy of Agricultural Sciences
417
386
29
2
Shaanxi Meibang Pesticide Co., Ltd.
392
391
0
1
Guangxi Tianyuan Biochemistry Corp., Ltd.
219
203
9
7
Jiangsu Yangnong Chemical Group Co., Ltd.
159
158
1
0
Jiangsu Rotam Chemistry Co., Ltd.
143
125
1
17
Shaanxi Sunger Road Bio-science Co., Ltd.
142
142
0
0
Chongqing Unisplendour Chemical Co., Ltd.
140
137
3
0
Beijing Yanhua Yoloo Pesticide Co., Ltd.
118
118
0
0
Hainan Zhengye Zhongnong High-tech Co., Ltd.
115
114
0
1
Shanghai Unilinb Crop Science and Technology Co., Ltd.
106
106
0
0
Anhui Guangxin Agrochemical Co., Ltd.
93
6
82
5
Guangxi Research Institute of Chemical Industries
92
77
1
14
Jiangsu Huifeng Agrochemical Co., Ltd.
90
62
0
28
Shangdong Weifang Rainbow Chemical Co., Ltd.
85
80
1
4
Lier Chemical Co., Ltd.
84
54
3
27
Anhui Fengle Agrochemical Co., Ltd.
80
74
2
4
Beijing Green Nonghua Crop Protection Science and Technology Co., Ltd.
74
71
0
3
Bayer CropScience China Co., Ltd.
67
58
6
3
Jiangsu Fengshan Group Co., Ltd.
57
15
0
42
Zhejiang Shenghua Biok Biology Co. Ltd.
57
48
8
1
Jiangsu Changqing Agrochemical Co., Ltd.
56
52
4
0
The above data were collected before 30th March, 2014.
Certainly, compared with multinationals which have a mature IPR system, intangible assets occupy a quite low position in the total assets of China's enterprises. Furthermore, the proportion of technological assets is particularly low in the intangible assets. The Chinese pesticide enterprises still have a long way to go in order to stand out among its competitive foreign counterparts.