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Wednesday 27 January 2016

Patricia Covarrubia

IP Statistic: does it give information on economic and social development?

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The Brazilian Instituto Nacional da Propiedade Industrial has released the ‘official balance sheet’ containing the statistic of its service for 2015. It is reported that the balance sheet was produced and prepared by the Economic Affairs Advisory (AECON).

The statistics show stability compare to 2014. Examples given are:
• Trade Marks an increase of 1%
• Patents a decrease of 0.4%
• Geographical Indication neither increase nor decrease
• Computer programs a minimal increase: from 1,609 in 2014 to 1,616 in 2015
• Industrial Design a decrease of 8.4%

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Will the Olympics 2016 change the future in Brazil?
Actually, the statistic reveals not a bad year since 2015 started to see Brazil facing a ‘political and economic disaster’. Following the well-known newspaper 'The Economist' one could perceive Brazil's crisis, reported as to be “the longest recession in a century; the biggest bribery scandal in history; the most unpopular leader in living memory.” It is then, no deplorable to see that there was not much increase on creation/invention. But, is it just me who links economic and social development with IP? Do they walk hand in hand?

For "Where money issues meet IP rights" follow a great IP Finance blog here.

Patricia Covarrubia

Patricia Covarrubia