The Japanese authorities want to classify important developments and compensate their authors for lost profits

The tendency to isolate the national infrastructure from China is observed not only in the United States, but also in Japan. Local authorities have come up with an initiative that includes a ban on the publication of patents in strategically important areas. The lost profits from licensing to foreign companies to inventors will be compensated from the Japanese budget for 20 years.

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The discussion of the unusual bill will begin by Japanese parliamentarians in February of the coming year, as noted Nikkei Asian Review, and if approved, the new export control rules will come into force in April 2023. The authorities of the country are concerned about the possibility of leakage of valuable technologies abroad, and therefore offer the authors of certain inventions to prohibit the public registration of patents, since otherwise they become public in 18 months and may fall into the hands of ill-wishers. A special commission will decide whether a particular patent should be made public. Developments in the field of nuclear weapons and quantum computing, among other things, will be protected.

So that technology creators would not be offended to miss a part of the profits from licensing technologies to foreign clients, the country’s authorities are ready to compensate them for these losses for 20 years. The amount of subsidies will be determined on a case-by-case basis. As a rule, in the turnover of Japanese companies, licensing revenues do not exceed 3-5% of total annual revenues.

For the sake of strengthening national security, control over purchases of foreign equipment by Japanese companies and organizations that form strategically important infrastructure will also be strengthened. Telecom operators, financial institutions and representatives of the energy industry will have to coordinate purchases of imported equipment with a special commission. If it is revealed that a manufacturer of foreign equipment may be under the influence of the governments of unfriendly states (primarily China), then the purchase of equipment will be refused. This is done, according to the idea of ​​the authors of the initiative, in order to reduce the risk of cyberattacks on infrastructure in Japan.

Along the way, subsidies will be provided for those companies that strengthen the supply chains of materials and components important for the Japanese economy: semiconductor products, pharmaceuticals, precious metals and magnets.

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