"This is the time for the park to transform from old-fashioned capital-intensive industries to intellectual-based ones," Wu says.

Paul Wu说：“现在是时候将园区内过时的资本密集型产业转型为新兴的创意型产业了。”

youdao

It is one of the characteristics of the software industry that intellectual capital is intensive, in the course of creating software enterprise's value, intellectual capital plays a decisive role.

智力资本密集是软件产业的特点之一，在软件企业的价值创造过程中，智力资本发挥着决定性作用。

youdao

Above all, it would shift pharmaceuticals companies away from the industry's source of value and turn them into capital-intensive developers and distributors of others' intellectual property.

最重要的是，这样将使制药公司脱离该行业的价值之源，转而成为其他企业知识产权的资本密集型药品开发商和分销商。

youdao

This is simpler, faster and cheaper than the lawyer-intensive process of negotiating bilateral licences for intellectual property, the high cost of which discriminates against small companies, leaves patents unused on the shelf and hampers innovation.

ECONOMIST: An intellectual-property exchange