Overall intellectual property (IP) filings in 2023 at the IP Office of the Philippines (IPOPHL) rose by 2.5% year-on-year, driven by increased awareness of IP and more innovations churning out of colleges and universities.
The total intellectual property (IP) infringing goods seized in January to December last year reached an estimated market value of P26.86 billion, surpassing the previous record of P24.90 billion registered in 2021.
The IPOPHL noted that the elements of each fair use act must be carefully analyzed to accurately identify circumstances where fair use principles apply. Otherwise, the public should be proactive in obtaining permission and crediting the creators of original works.
The government is working on a plan called Overhaul Greenhills Project (OG Project) to eliminate stores selling counterfeit goods in the Greenhills Shopping Center and convert it into a high-end mall with legitimate sellers.
Intellectual Property Office of the Philippines (IPOPHL) director general Rowel Barba is targeting a 5 to 10 percent increase in Intellectual property (IP) filings this year.
The MOU's primary objective is to establish a voluntary site-blocking practice against the unauthorized distribution and sale of pirated content over the Internet and set an example for other stakeholders who are not yet signatories to the agreement.
IPOPHL reported that there were 2,134 patent registrations in the first half of the year, 9-percent higher than the 1,958 filings in the same period in 2022.
The Philippines has kept its clean record for 10 years in the United States Trade Representative’s (USTR) Special 301 Report, which listed countries where the US has intellectual property protection and enforcement concerns.