The IPOPHL looks forward to the year-end to assess how this compares with last year’s growth.
Application for registration of intellectual property (IP) assets at the Intellectual Property Office of the Philippines (IPOPHL) totaled 22,952 in the first six months this year, an 11 percent increase from 20,628 applications last year.
The filings include trademarks, inventions, utility models, and industrial designs.
IPOPHL Director-General Josephine Santiago attributed the increased filings to concrete programs and efforts the IPOPHL continues to effectively and aggressively implement.
“These figures reflect the success of our continuing efforts at the IPOPHL. With a widened and deepened understanding of IP, society is now appreciating the IP system more than ever,” Santiago said.
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The IPOPHL looks forward to the year-end to assess how this compares with last year’s growth.
This way, the office is able to evaluate how certain government strategies and policies affect society’s utilization of the IP system, the degree of which is one of the criteria at which innovation and economic progress are pegged.
In terms of trademarks, applications reached 18,964 translating to an 11 percent increase.
Filings under the Madrid System soared 42 percent to 4,100. The Madrid System is an international TM application system that allows for a single filing for registration in multiple countries that are members to the system.
On industries, most of the filings were in agricultural products and services; pharmaceuticals, health, cosmetics; and scientific research, information and communication technology.