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Saturday, 10 February 2018
Brazil’s IPO backlog
According to the Instituto Nacional da Propiedade Industrial (INPI) its backlog was reduced in 2017. These is counting all applications ie patents (by 7.6%), trade marks (by 14,9%) and industrial designs (by 26%). In fact, in 2017 INPI was deciding more cases that what they were receiving.
This was the result of increasing labour by 26% working in the office (public servants) plus improving INPI’s e-system. By 2018, there is even more plans to keep reducing the backlog. There is an investment of R $ 20 million in the Institute funded by the Brazilian Agency for Industrial Development.
More information here (statistic are in English and Portuguese). Source INPI.