The Intellectual Property Office of the Philippines said applications for IP registration increased by 4.4 percent to 36,709 in the first nine months of 2022, driven by an increase in economic activities.
IPOPHL Director General Rowel S. Barba attributed the growth to the increased economic activities in the country, as reflected in the 7.8 percent gross domestic product growth in the first nine months of the year. According to IPOPHL’s glossary of terms, a trademark is any visible sign capable of distinguishing the goods of one enterprise from that of another, or identifying the source or provider of the goods.
Patent is an exclusive right that allows the inventor to exclude others from making, using, importing or selling the product of his intervention during the life of the patent, as per the definition of terms published on IPOPHL’s web site. “An industrial design application is an application for a patent to protect against the unauthorized use of new, original, and ornamental designs for items of manufacture,” IPOPHL glossary read.
Property Property Latest News, Property Property Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: BusinessMirror - 🏆 19. / 59 Read more »