IP filings up in 2019
Intellectual property (IP) filings increased over 9% in 2019 to hit an all-time high, but the government is doubtful that this can be sustained in 2020 with firms struggling to cope with the ill effects of the coronavirus pandemic.
The Intellectual Property Office of the Philippines (IPOPHL) on Wednesday disclosed that IP filings last year rose 9.19% to a record high of 47,282, from 43,300 in 2018. The 2018 figure is adjusted from the earlier reported 44,461 filings that year.
Per type of IP, filings for trademarks the highest growth at 10.44% to reach 39,399, from 35,672, as firms from various sectors, mostly in the agriculture sector, have been registering their goods and services.
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