Core Insights - The article highlights the significant progress in patent commercialization in Guangdong, particularly in universities and research institutions, with a total of 131,000 patent conversions in the first three quarters, marking a 20.7% year-on-year increase, leading the nation [1] Group 1: Patent Conversion Achievements - Guangdong province achieved the highest number of patent conversions in the country, with a notable increase in patent licensing and permissions [1] - The province's growth in patent transfer and licensing outpaced the national average, indicating substantial advancements in specific fields [1] Group 2: University and Research Institution Contributions - Guangdong's universities and research institutions have become increasingly active in innovation, completing an inventory of nearly 100,000 existing patents across 175 institutions [1] - The province has promoted over 2,100 patent results under the "use first, transfer later" initiative, which includes multiple patents per result, and is nurturing around 500 model enterprises for patent commercialization [1] Group 3: Notable Innovations - Recent innovations showcased at the 7th Guangdong-Hong Kong-Macao Greater Bay Area Intellectual Property Trading Expo include a high-sensitivity wastewater pathogen detection device from Shenzhen Technology University and a health product preparation technology from the Guangdong Academy of Agricultural Sciences [1]