Signs of Growth in IP Filings and Innovation

Good news emerged from the World Intellectual Property Organisation (WIPO) this week in the form of a report detailing a recovery in the demand for IP rights and an increase in innovative activity. The report, entitled World Intellectual Property Indicators 2010, also documents how the economic slump resulted in a drop in demand for IP rights, and caused companies to adjust their innovation strategies.

The future however looks good and according to the report, patent applications filed under the Patent Cooperation Treaty (PCT) and international trademark registrations filed under the Madrid system have returned to growth.

Read the report here: www.wipo.int/ipstats/en/statistics/patents/

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