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CONSTANTIN BRANCUSI

China strengthens its IP field by reaching new records

21.02.2019


Statistics show that the year 2017 saw a record global growth in demand for services in the field of intellectual property. This growth is strongly supported by the Chinese market, which recorded the largest increases in patent, trademark, industrial design and other intellectual property rights underlying the global economy.

China’s status, as one of the countries with the fastest-growing economys in the world, is the key factor for this growth. Representing an favourable environment to the development of new businesses for both locals and foreigners, it has managed to draw a record number of patent applications. Becauseevery business must be protected against competition and any other type of threat.

WIPO’s representatives show that demand for intellectual property rights protection is increasing much faster than thegrowthof the global economy. In this respect, China serves as a point of reference. In the past decades, it has managed to build an IP system that is strongly supported by local innovations, and to join industry leaders. Thus, it has become the world leader in intellectual property applications. In 2017, 12.39 million trademark applications have been filed around the world, out of which 5.7 million were registered in China. The second place was taken by the US, with 613,000 applications.

Statistics show that the year 2017 saw a record global growth in demand for services in the field of intellectual property. This growth is strongly supported by the Chinese market, which recorded the largest increases in patent, trademark, industrial design and other intellectual property rights underlying the global economy.

China’s status, as one of the countries with the fastest-growing economys in the world, is the key factor for this growth. Representing an favourable environment to the development of new businesses for both locals and foreigners, it has managed to draw a record number of patent applications. Becauseevery business must be protected against competition and any other type of threat.

WIPO’s representatives show that demand for intellectual property rights protection is increasing much faster than thegrowthof the global economy. In this respect, China serves as a point of reference. In the past decades, it has managed to build an IP system that is strongly supported by local innovations, and to join industry leaders. Thus, it has become the world leader in intellectual property applications. In 2017, 12.39 million trademark applications have been filed around the world, out of which 5.7 million were registered in China. The second place was taken by the US, with 613,000 applications.

Statistics show that the year 2017 saw a record global growth in demand for services in the field of intellectual property. This growth is strongly supported by the Chinese market, which recorded the largest increases in patent, trademark, industrial design and other intellectual property rights underlying the global economy.

China’s status, as one of the countries with the fastest-growing economys in the world, is the key factor for this growth. Representing an favourable environment to the development of new businesses for both locals and foreigners, it has managed to draw a record number of patent applications. Becauseevery business must be protected against competition and any other type of threat.

WIPO’s representatives show that demand for intellectual property rights protection is increasing much faster than thegrowthof the global economy. In this respect, China serves as a point of reference. In the past decades, it has managed to build an IP system that is strongly supported by local innovations, and to join industry leaders. Thus, it has become the world leader in intellectual property applications. In 2017, 12.39 million trademark applications have been filed around the world, out of which 5.7 million were registered in China. The second place was taken by the US, with 613,000 applications.

14.03.2019

Social media can help protect your intellectual property rights

The social media component is today necessary in developing and promoting a business marketing strategy. The presence on these channels gradually leads to increasing the popularity of the respective businesses among as many people as possible. And this can serve not only in terms of sales, but also to protect your brand if the situation ( learn more )

06.03.2019

India about to apply new rules on e-commerce market

As of February 1, 2019, e-commerce companies such as Amazon, Walmart, or Flipkart Group will no longer be able to sell products belonging to the companies in which they have an equity interest. They will also no longer be able to conclude exclusive agreements with sellers. These measures aim at balancing the market and giving ( learn more )

28.02.2019

Tech battle of the decade: Apple vs. Qualcomm on IP rights

The IP industry often generates and manages conflicts between smaller or larger companies willing to defend their intellectual property rights and everything related to them. Thus, wars are born that can stretch over prolonged periods of time, especially when giant companies, with powerful financial resources, that operate in several jurisdictions are involved. A relevant case ( learn more )