IPOPHL

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.

The parties also agreed to establish channels of communication to facilitate technical consultations on matters related to innovation, including on new and emerging technologies that are registrable with the BOI.

The Office of the United States Trade Representative (USTR) earlier urged the Philippines to implement effective policies to ensure that government agencies do not use unlicensed software.

Ironically, the BSA said the top software products being used illegally by businesses are operating systems and anti-virus solutions.

IPOPHL attributed the increase in application to its expansion of intellectual property satellite offices, as well as the rising number of online filings.

In 2017, the government captured a total of P8.2 billion worth of goods, with the bulk of the items comprising of consumer electronics.

January 1st is celebrated in many parts of the world as Public Domain Day, or the day when copyright protection lapses on select works and officially enter the public domain.

The Intellectual Property Office (IPOPHL) should have the power to disable access to websites that are being used to infringe on copyrights or facilitate copyright infringement, according to Kabayan party-list representative Ron P. Salo, who is pushing for the passage of House Bill 8001.