Award System for Inventors
AGC has an award system for inventors which offers incentives for our researchers to get patents having large impacts against our competitors. When AGC files a patent, we reward the inventor with cash payment at the time of application and registration. The payment at registration is determined by our original criteria, which considers innovativeness and originality of the invention and the degree of impact against competitors as a patent right.
The current system has come into effect on the beginning of 2018. Before that, we had an award system which evaluates a profit of our business using patented invention. The current system is applicable to patents filed in or after 2018, and the former system is still applicable to patents filed before 2018. Both systems are effective for the time being.