Intellectual Property Applications in the Philippines Rose to 3.7% in 2022
Intellectual Property Office of the Philippines (IPOPHL) Director General Rowel Barba stated that Intellectual Property (IP) applications rose to 3.7% in 2022 following the growth momentum of the Philippine economy.
IPOPHL cited that IP applications reached 48,259 last year, which is higher than the 46,558 filings in 2021 and 47,328 applications in 2019.
Barba discussed, “The strong uptake in 2022 IP filings shows how aggressive businesses are in seizing opportunities in the more upbeat economy and the digitalization of business interactions as intensified by the pandemic.”
Barba added, “More Filipinos are beginning to see the competitive value of having a degree of control over their most prized assets: the products of their minds, their IPs. More businesses and entrepreneurs are integrating IP into their strategies for success not despite the pandemic and other economic and environmental challenges in our midst but because of them.”
The IPOPHL stated that 2022 had the highest amount of trademark, patent filings, and copyright registrations. Trademark applications reached up to 41,235 filings, with 25,253 or 61% registered by residents and 15,982 or 39% by non-residents.
The IPOPHL explained, “Bulk of trademark filings were in pharmaceutical, health and cosmetic products (with an 18.4% share), followed by agricultural products and services (16.6%) and scientific research, information and communication technology (14.9%).”
Meanwhile, patent applications indicating the appetite to offer commercial innovations to the market rose at 4,403 or 9.3% filings. The total counts for 3,918 or 89% registrations by non-residents and 485 or 11% by residents.
According to the IPOPHL, the top applications included the pharmaceuticals sector at 28.9%, organic fine chemistry at 12.1%, and digital communications at 8.3%.
Moreover, books, pamphlets, articles, e-books, audiobooks, comics, novels, and other writings drove the majority of copyright registrations at 36%. Literary, scholarly, scientific, and artistic works follow at 19.7%. Drawings, paintings, architectural works, sculptures, engraving, prints, lithography, or other works of art, models, and designs come last at 8.6%.