The Intellectual Property Office of the Philippines (IPOPHL) received a record-high in annual filings for intellectual property protection totaling 47,282 last year, a nearly 10-percent rise from the 43,300 applications in 2018.
The Philippines is aiming to attract small and high technology investors to set up business in the country following the launch of the National Intellectual Property Strategy (NIPS) 2020-2025.
The report from the United States Chamber of Commerce’s (USCC) 2020 International Intellectual Property Index showed the Philippines ranked 37th out of 53 economies, scoring 39.94 percent in 2020 from its 36 percent score in 2019.
DOST secretary Fortunato dela Peña said he is expecting more intellectual property (IP) applications and approvals with the recent launch of the National Intellectual Property Strategy (NIPS) 2020-2025.
DOST secretary Fortunato Dela Pena wants to increase the number of intellectual property (IP) registration in the country, saying there is "low IP registration" in the field of research and development (R&D).
The Intellectual Property Office of the Philippines (IPOPHL), through the Bureau of Legal Affairs (BLA), said it has successfully enforced its judgment finding La Concepcion College, a private school based in San Jose del Monte City in Bulacan, liable for copyright infringement.