Sail across the sea

Chapter 329: Of course it is fully authorized
"10?"

Hearing Ogier's offer, the meeting room suddenly became agitated. Perhaps because of the foreign guests present, and the offer of $10 was also proposed by the foreign guests, everyone was reluctant to show it too obviously, and just whispered to each other in groups of three or four, and the whole atmosphere was quite subtle.

Shan Jinwen was an outsider, and he just felt that everyone's reaction was a little strange, but he didn't know why. He turned to Zhao Zhaoxin beside him and whispered, "Old Zhao, what are you doing..."

Zhao Zhaoxin smiled bitterly and said, "Old Dan, the other party's sincerity is a little insufficient."

"You're not sincere enough?" Shan Jinwen was stunned. "Why, do you have any objections to this price?"

"It's too low, it's simply... Alas!" Zhao Zhaoxin swallowed back the curse and replaced it with a sigh.

Shan Jinwen took a deep breath and said in a teasing tone, "You are a state-owned enterprise, you are paid by the government, your perspective is really different. If a foreign guest wanted to spend $10 to buy some technology from our system, I would be very happy. I would not be like you, complaining that the price is too low."

To be honest, given Shan Jinwen's position, he had seen $10 before. Although China is very poor nowadays, its total import and export volume is more than $400 billion a year. The hospitals under the Beijing Health Bureau import medicines and purchase advanced medical equipment, which also start at millions of dollars.

But when it comes to technology transactions, especially when foreign companies buy Chinese technology, an asking price of $10 is quite high. In Shan Jinwen's opinion, technology is something that can be developed by a few people doing experiments, and how much can technology that even Chinese people can develop be worth?

Shan Jinwen had also heard of the two-step fermentation method, because the Institute of Microbiology was the first to study the two-step fermentation method in collaboration with the Beijing Pharmaceutical Factory.

Shan Jinwen also knew that after this technology was invented, the Institute of Microbiology held several on-site meetings to introduce this technology to several domestic pharmaceutical factories. It also donated strains to help these pharmaceutical factories master the two-step fermentation production process and produce qualified vitamin C products.

During this process, the Institute of Microbiology did not charge a penny, which shows that this technology is not worth much.

Foreigners came and were willing to spend $10 to buy this technology that was promoted for free in China. Why would the Institute of Microbiology refuse to accept it? The expressions on the faces of the people in the conference room were exactly the same as Zhao Zhaoxin's. They were all clearly dissatisfied and disdainful. Could it be that the Institute of Microbiology had no shortage of money?

In 1983, a professor's salary was only about 200 yuan, and a research institute's annual funding was only about one million yuan, most of which was for personnel expenses. If you can earn $10 out of thin air, which is equivalent to 20 yuan at the exchange rate, wouldn't it be a good extra income?
Zhao Zhaoxin said: "Old Dan, you are just insulting me. Our national units are not as well paid as those under your jurisdiction. Everyone knows that the national finances are very poor now, how can they compare to your local areas.

"To be honest, if someone had offered to buy our patent for $10 six months ago, I would have been thrilled. Let alone $10, even 10 RMB would be enough for us to do so much."

"What do you mean by half a year ago? Has anything changed in the past six months?" Shan Jinwen asked.

Zhao Zhaoxin said, "Isn't it? Let me tell you, half a year ago, a science and trade company in Maolin Province signed a contract with us, promising to pay us 10 yuan a year and let us authorize them to use the two-step fermentation process to produce vitamin C."

"What does 'every year' mean?" Shan Jinwen was a little confused.

Zhao Zhaoxin said: "As long as they produce, they will pay us 10 yuan every year, which is equivalent to patent royalties. If they keep producing, they will continue to pay this money." "Si..." Shan Jinwen took a breath again, and his teeth hurt a little.

He finally understood why the people at the Institute of Microbiology looked down upon the 10 US dollars promised by Law. A domestic enterprise, and an enterprise in a small place like Akalin in Maolin Province, was willing to obtain patent authorization at a cost of 10 RMB per year. An international giant like Law's only paid a mere 10 US dollars and wanted to take away the patent rights in one go. This was indeed a lack of sincerity.

"But..." Shan Jinwen thought of something else, "Don't you always charge for your two-step fermentation process?"

Zhao Zhaoxin said: "This is a strange thing. The person who came to discuss this matter with us was a young man, who was ridiculously young. If they hadn't transferred the money to our account afterwards, I would have suspected that he was a liar.

"He claimed that he was the manager of the science and technology company in Maolin and that he was also a student at Peking University. We went to Peking University to ask about the latter part and it was true.

"He told us at the time that science and technology are the primary productive forces and that scientific research results should be charged for. He signed a contract with us specifically, promising to pay us 10 yuan in patent royalties every year."

"What are the conditions?" Shan Jinwen asked.

"There is only one condition, which is that we cannot revoke their authorization under any circumstances," said Zhao Zhaoxin.

"This... isn't really a condition, is it?" Shan Jinwen was a little confused. "Aren't there several factories in China using your technology now? What's your reason for canceling your authorization to them?"

Zhao Zhaoxin looked up at Ogier, with a sneer on his face. "Several of our leaders have discussed this matter, but we are still puzzled. However, after listening to what Ogier said just now, I suddenly understand that the young man named Gao Fan may be worried about the current situation."

6◇9◇Book◇Bar

Shan Jinwen followed Zhao Zhaoxin's gaze and looked at Ogle. He had some insights in his heart, and then he heard Zhao Zhaoxin ask him, "Mr. Ogle, I want to confirm with you. You said you are willing to buy our patent for $10. What specific authorizations are included?"

"Of course it's a full license," Ogel said. "We are a company and all our decisions are based on corporate profits. We hope to obtain an exclusive license for the two-step fermentation method patent, which means that during the validity period of the patent, other companies except Law's Pharmaceuticals will not be allowed to use this patent for production."

“Does this include Chinese companies?”

"of course."

"If that's the case, we can only apologize." Zhao Zhaoxin spread his hands. "As a national scientific research institution, our research results serve domestic companies. We can't restrict domestic companies from using our technology. In fact, we don't have such power, because these technologies do not belong to us, but to the entire country."

(End of this chapter)