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.
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.
Bulk of the IP filings for the first nine months of the year were trademarks, with a total of 31,665 applications. Compared to the previous year, trademark filings increased by 5.6 percent.
IPOPHL attributed the increase in application to its expansion of intellectual property satellite offices, as well as the rising number of online filings.