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Business

IP filings rise 20% in 1st half

Louella Desiderio - The Philippine Star

MANILA, Philippines — Intellectual property (IP) filings rose by a fifth in the first semester to 22,919 from a year ago, showing business recovery from the pandemic, as well as the growing importance of IP, the Intellectual Property Office of the Philippines (IPOPHL) said.

“This development is a strong indication that some businesses in the Philippines are recovering and seeing the importance of IP as a competitive tool,” IPOPHL director general Rowel Barba said in a statement.

He said the IPOPHL’s end-to-end service for online registration and continued push for IP protection also helped drive the increase in IP filings.

Applications for utility models (UM) increased 26 percent to 744 in the first half from 592 in the same period last year.

Bulk of the UM filings was from food chemistry, followed by basic materials chemistry, special machines, handling, and information technology methods for management.

Trademark filings also grew 23 percent to 19,649 in the January to June period from 15,969 filings in the same period last year.

Most of the trademark filings came from the following industries: pharmaceuticals, health, cosmetics; agricultural products and services; scientific research, information and communication technology; management communications, real estate and financial services; and textiles, clothing and accessories.

Patent filings went up two percent to 1,945 in the first semester from 1,899 in the same period last year.

Fields with the most patent filings for the first half were pharmaceuticals; organic fine chemistry; biotechnology; basic materials chemistry; and food chemistry.

Industrial design filings slid 10 percent year-on-year to 581 as of end-June.

Most of the filings were in furnishing; means of transport or hoisting; packages and containers for the transport or handling of goods; articles of adornment; and fluid distribution equipment, sanitary, heating, ventilation and air-conditioning equipment, solid fuel.

Copyright deposits surged 163 percent to 761 in the first half from 285 in the previous year.

Despite the possible effects of the stringent quarantine protocols imposed earlier this month on IP activities, Barba said the IPOPHL continues to have a positive outlook on IP’s contribution to the economy.

“We’ve been seeing how disruptive companies and those who have built their brands on IP are bucking the crisis’ adverse effects on businesses. As we gear up for faster economic recovery, the country will inevitably realize more how IP is a catalyst for resilient growth. And IPOPHL will take this juncture as an opportunity to help the economy build stronger and the society think differently with IP,” he said.

INTELLECTUAL PROPERTY

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