IPOPHL joined the Bureau of Customs in destroying P2 billion price of counterfeit objects at a Bulacan warehouse in July 2021. (Picture from Mental Property Workplace of the Philippines)
MANILA, Philippines — The Mental Property Workplace of the Philippines (IPOPHL) has launched a certification course on mental property administration as a part of its marketing campaign to assist upskill native professionals within the discipline.
The IPOPHL stated the four-day course, the primary batch of which can run from March to Could, will cowl subjects similar to licensing, audit, valuation and administration of IP rights.
“Uncovering and maximizing the financial worth of IP property by means of licensing, audit, valuation and administration of IP rights is integral if creators are to maneuver and compete in at this time’s digital economic system,” IPOPHL Director Common Brigitte da Costa-Villaluz stated in a press release on Wednesday.
She highlighted how leveraging high-value IP and intangible property is central to constructing a aggressive benefit within the trendy economic system, which has shifted its precedence towards intangible property.
In 2023, the World Mental Property Group (WIPO) reported that intangible investments accounted for greater than half of world gross home product, constantly outpacing tangible investments for many years.
This pattern highlights the rising significance of mental property, analysis and growth and different non-physical property in driving financial development.
READ: IPOPHL pushes for mental property educating in fundamental ed
Based on WIPO, combination intangible funding greater than doubled from $2.9 trillion in 1995 to $6.9 trillion in 2023.
In distinction, tangible funding elevated by solely 73 % over the identical interval, rising from $2.7 trillion to $4.7 trillion.
Copyright safety
This disparity factors at a seeming world shift towards knowledge-based economies and a rising emphasis on innovation and mental property.
Within the Philippines, IP registrations by means of copyright filings are additionally rising, reaching report excessive in 2024 and posting its highest within the final 5 years.
The IPOPHL reported that 6,552 certificates had been issued in 2024, barely larger than the 6,522 recorded within the previous yr.
READ: IPOPHL sees record-high copyright registration in 2024
Issued certificates reached 3,706 in 2022, 2,141 in 2021 and 940 in 2020, in line with knowledge from the IP rights regulator.
Of the entire in 2024, over half or 65 % of the copyright registrations in 2024 have been for books, pamphlets, articles, e-books, audio books, comics, novels and different writing-related IP.
These have been adopted by pc applications, software program, video games and functions, which accounted for 10 % of registrations.
In the meantime, musical compositions, each with and with out lyrics, made up 7 %.
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Visible arts – together with drawings, work, architectural works, sculptures, engravings, prints, lithographs and creative fashions or designs – additionally comprised 7 %.