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The World Intellectual Property Organization (WIPO), which promotes protection of intellectual property worldwide, will soon elect a new Director General. By allowing investors to register and protect their inventions and discoveries in most of the world’s countries simultaneously, WIPO serves a vital function. That role, however, requires extraordinary trust by those registering their intellectual property, who must have faith that WIPO will protect proprietary information under the terms set forth in the Patent Cooperation Treaty (PCT) and the procedures of the agency.
TAGUIG CITY, May 9 A total of 480 micro, small and medium enterprises (MSMEs) have gained expert insights on global intellectual property (IP) protection from the IP Office of the Philippines’ (IPOPHL) recent webinars on the Madrid System and the Patent Cooperation Treaty (PCT), enabling them to develop strategies that will ensure their competitiveness when expanding globally.
The Madrid System and the PCT are international application systems, respectively for trademarks and patents, that allow for a single filing for registration and grant in multiple countries that are contracting parties to the systems.
The webinars, jointly organized with the World Intellectual Property Organization (WIPO), have reached a combined viewing of 2,500 on Facebook as of writing.