Background

Jushi Group Co., Ltd. (also known as "Jushi Group") is a glass fiber manufacturer located in the center of the Yangtze River Delta Economic Zone. With an annual fiberglass yarn production capacity of 2.7 million tons, it is a leading global fiberglass manufacturer. The company has achieved internationally advanced technical levels and has been recognized as a "National Technology Innovation Demonstration Enterprise", one of the first "Manufacturing Industry Single Champion Demonstration Enterprises" in China, a "National World-Class Specialized and New Demonstration Enterprise", and a top enterprise under Zhejiang Province’s "Five Key Batches" program.  In 2017, it was recognized as a national intellectual property leading enterprise, and in 2020 it was recognized by the Ministry of Industry and Information Technology as a top enterprise for the use of intellectual property rights by industrial enterprises.

Innovation Challenges and Development Needs

In 2023, Jushi Group faced the significant challenge of transformation and upgrading of the innovative industry. The company set the goal to develop into an innovation-driven entity with a well-established system, strict protection, efficient operations, self-aware culture, and an open and mutually beneficial environment.

Benefits of Implementing Grading Evaluation

Through grading evaluation, Jushi Group systematically enhanced its innovation and intellectual property management capabilities. By effectively managing and utilizing intellectual property, the company strengthened its market competitiveness and international influence, building a solid foundation for sustained innovation and high-quality development. include:

1.Establishing an IP strategy aligned with business and innovation strategies. Clearly defined intellectual property strategy objectives to ensure innovation achievements are protected and utilized effectively.

2.Achieving deep Integration of Innovation and Intellectual Property Management. Integrated IP management throughout the entire lifecycle of R&D and technology projects, from preliminary research, project initiation, execution, evaluation, and promotion, ensuring an effective combination of innovation and IP protection.

3.Through fostering a strong intellectual property culture, and conducting grading evaluation, Jushi Group cultivated a strong intellectual property culture at the corporate level.

Best practice experiences

1.Leadership Commitment. The company issued formal documents to establish an Innovation and Intellectual Property capability development leadership and work team. The leadership group is from the company’s executive team, the group leader is the company’s President. Innovation and IP capability development cover all relevant departments, with department heads actively involved.

2.Talent development. Through the training and introduction of innovation managers, Jushi Group fostered a multidisciplinary talent team specialty at innovation and IP management, to ensure sustainable organizational development in these areas.

3.Engagement of project teams. Through the implementation of the grading evaluation of innovation and intellectual property management capabilities, the company streamlined the IP workflows within the innovation process. Project teams got a deeper understanding of the necessity and depth of IP-related work, They focused more on a proactive approach instead of mere task completion. They integrated IP research, searches, and analysis across the five nonlinear stages of innovation, leading to timely IP outputs, reducing innovation risks, and enhancing the optimization and output of innovation solutions.

4.Integration of professional guidance and systematic management. The grading evaluation institution provided professional guidance and recommendations. During the pre-evaluation process, it inspects and diagnoses the company's current status, with identified issues and deficiencies addressed through targeted improvement suggestions. This professional guidance helped optimize and enhance Jushi Group’s innovation and IP management capabilities.