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South Korea reported a surplus in intellectual property rights commerce 1

In the first half of the year, South Korea reported a surplus in intellectual property rights commerce

According to central bank data, South Korea had a surplus in the trade of intellectual property rights in the first half of this year, as copyright exports rose. A surplus in intellectual property rights commerce According to preliminary statistics from the Bank of Korea, the nation’s intellectual property account surplus was US$850 million in the first half, compared to a deficit of $1.11 billion in the second half of previous year. It was the first six-month surplus since the nation reported a [...]

Analyzing the Standard Essential Patents licensing environment in Japan

Analyzing the Standard Essential Patents licensing environment in Japan

The Interim Report (the report) of the Ministry of Economy, Trade and Industry (METI) Study Group on Licensing Environment of Standard Essential Patents (SEPs) was published on July 26, 2021. The following is a summary of the outline. The study Group’s objectives The study band was established based on the following SEP aspects: The significance of SEPs Because of the rising complexity of technologies and widespread usage of standards, the number of SEP declarations has risen dramatically in recent years. Licenses between different [...]

How to Protect Your Business Intellectual Property

How to Protect Your Business’s Intellectual Property

Intellectual property (IP) is the most important asset for both start-ups and more established businesses. It is necessary to protect your intellectual property (IP) if your business is likely to grow significantly, such as a technology company. When developing innovative new products, services, or ideas, there are a number of factors to consider, and it’s crucial to be aware of them from the beginning – both to protect your work and the investment you’ve made, as well as to commercialize [...]

The-EAEU-trademark-all-of-the-necessary-paperwork-is-in-place-but-there-is-one-technical-difficulty-to-resolve

The EAEU trademark: all of the necessary paperwork is in place, but there is one technical difficulty to resolve

Stakeholders with an interest in the Eurasian market are looking forward to the launch of the new Eurasian Economic Union trademark registration system (‘EAEU trademark’), which will allow them to obtain a trademark registration that is valid in all Eurasian Economic Union member countries: Armenia, Belarus, Kazakhstan, Kyrgyzstan, and Russia. The Eurasian Economic Union’s Treaty on Trademarks, Service Marks, and Appellations of Origin of Goods was signed on February 3, 2020, and went into effect in April 2021. The adoption [...]

Vietnam is planning to establish a national science and technology market

Vietnam is planning to establish a national science and technology market

Vietnam’s National Science and Technology Market would be established by 2030, according to Prime Minister’s Decision No. 1158/QD-TTG. The major goal of this market is to establish an environment that encourages and facilitates scientific and technology market activities so that more relevant possibilities for science and technology firms may be developed. It is critical to concentrate on technical intervention since this technology has a significant beneficial impact on society, assisting in the increase of output and positive externalities. When the [...]

The new copyright bill in Singapore has a number of significant amendments

The new copyright bill in Singapore has a number of significant amendments

The proposed Copyright Bill (“Draft Bill”) in Singapore has been scheduled for second reading in September 2021. The current Copyright Act (Cap. 60, Rev. Ed. 2006), which has been in effect for fifteen years, will be replaced by the Draft Bill. The Draft Bill, in particular, appears to provide for better copyright protection for creators/performers of copyright works. The following are some of the significant amendments in the Draft Bill: 1. The right to be identified The new right to be [...]

Philippines the number of Intellectual property filings increased by 20 in H1 2021

Philippines: the number of Intellectual property filings increased by 20% in H1 2021

The Intellectual Property Office of the Philippines (IPOPHL) reported that filings for intellectual property (IP) protection increased by 20% year on year in the first half of 2021, as the economy recovered from eased lockdown restrictions. Total applications and growth in applications The total number of IP applications was 22,919. The most significant rise was in utility model (UM) filings, which increased by 26% from 592 to 744 between January and June of last year. The increase was attributed to residents, whose [...]

Trademark renewal , how to file trademark renewal, renew trademark, guide to trademark renewal, trademark renewal guide

Guide for Trademark renewal

A trademark helps businesses and companies protect their brand image legally. Due to the fact that each trademark has a specific time of validity, renewing them is of the utmost importance. Below is some useful information that will help you gain a better general knowledge in renewing trademark. Trademark Renewal Generally, the duration of a trademark registration is 10 years with a possibility to renew every 10 years, but it may vary from country to country depending on the laws of the jurisdiction [...]

Trademark in Singapore, Singapore Trademark, type of trademark in Singapore, Singapore types of trademark

Types of trademark in Singapore

What is type of trademark in Singapore? Trademark is defined as “A mark capable of being represented graphically and which is capable of distinguishing the goods or services of one person from those of others and may include the shape of goods, their packaging and a combination of colours”. (Trade Marks Act, 1999). A trade mark is a sign such as a word, device, brand, shape, color or any combination of these elements, which is capable of being graphically represented and [...]

32 million Chinese trademarks have been added to the online database of TMview

32 million Chinese trademarks have been added to the online database of TMview

The EUIPO and the China National IP Administration (CNIPA) have announced that Chinese trademark data is now available in TMview. As a result of the change, the free database now has access to an extra 32 million trademark records. TMview allows users to search trademark records from all EU national IP offices, the EUIPO, and a number of foreign partner offices across the world, providing data on the kind of right and application, the registration date, and the goods or [...]

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