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Friday 18 January 2013

Patricia Covarrubia

Brazil 2012: economic uncertainty and registration of IP

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Economic crisis has affected many markets worldwide, and there is of course global uncertainty. This scenario can be reflected in the numbers of application of IP in their respective offices.

In Brazil we learned that patent applications remain high – for both: foreign and domestic patent applications. The Brazilian Instituto Nacional da Propiedade Industrial (INPI) reports that the increase is of 6% compared to previous year (i.e. 2011). Moreover, it states that the “number of applications has been rising since 2010, after the fall observed between 2008 and 2009 due to the first impact of the international economic crisis. Since 2009, the cumulative increase in patent applications is nearly 30%.” INPI clarifies that several factors such as a growth in domestic innovation through research centres (attracting foreigners to the country), and companies, universities and research centres working on innovation. INPI, trying to encourage further application, especially from small and medium enterprises, is preparing to launch the e-patent system this year.

However, the case of applications has not been the same for trade marks. In 2012 INPI saw a decline in the number of applications (negative growth of 2% comparing to previous year). Yet, micro and small businesses, as well as individual entrepreneurs, increased their applications by 30%. INPI explains that the economic crisis has led many businesses “to postpone investment and thereby not launching new products and brands.”

Patricia Covarrubia

Patricia Covarrubia