Marcos calls on IPOPHL to work with WIPO to strengthen PH’s intellectual property regime

Marcos calls on IPOPHL to work with WIPO to strengthen PH’s intellectual property regime

Marcos calls on IPOPHL to work with WIPO to strengthen PH’s intellectual property regime

President Ferdinand “Bongbong” Marcos Jr. has known as on the Intellectual Property Office of the Philippines (IPOPHL) to work with the World Intellectual Property Organization (WIPO) to craft packages that may develop the nation’s IP regime.

Marcos assured the nation’s worldwide companions of its dedication to contribute to the worldwide initiatives in well being and life sciences analysis, improvement, and innovation.

He stated the Philippines intends to usher in a renaissance of innovation or the so-called “FILIPINNOVATION,” which goals to seek out modern-day options to its modern-day issues and make use of science and expertise, particularly analysis and improvement, within the pursuit of nation-building.

“I therefore encourage the Intellectual Property Office of the Philippines to collaborate closely with the World Intellectual Property Organization and all our partners present in this occasion to craft programs that will strengthen the country’s IP regime and contribute to our efforts in building the new Philippines that we aspire for,” Marcos stated in a speech learn by Trade and Industry Secretary Alfredo Pascual on the World Intellectual Property Organization Asian Regional Conference in Support of Accelerated Life Sciences Innovation – Skills Development and Capacity Building on Monday.

“I also urge everyone here to work together and harness the power of science, technology, and innovation as a catalyst for our post-pandemic transformation and our inclusive and sustainable development moving forward,” he added.

Marcos said his government had launched the National Innovation Agenda and Strategy Document 2023-2032, which is geared towards improving the country’s performance in the Global Innovation Index (GII) rankings.

The IPOPHL earlier identified more than 30 Filipino products that have potential in the global market. It said the products are potential registrants of the country’s geographical indication.

Marcos added that his administration continues to encourage Filipino scientists abroad to return home and contribute to nation-building through the Balik Scientist Program.

The government, through the Department of Science and Technology (DOST), also continues to promote the utilization and commercialization of technologies through various programs such as the IP Rights Assistance Program; the Tax and Duty Exemption Assistance Program; the Technology Innovation and Commercialization Program; and the Grants and Assistance to Leverage Innovations for National Growth Program.

Meanwhile, the President also raised the prospects in health innovation research in the country as he guaranteed participants of the government’s full commitment and support in ensuring the continued success and fruition of these endeavors.

“I have the highest hopes that this conference—through the researchers’ findings and innovations as well as collaborations from the academe—would help create, discover, and adopt more impactful innovations for the benefit of our peoples and our global healthcare system,” Marcos stated.

At current, the Philippines ranks 59th within the GII, with Marcos saying that the purpose of his administration is to raise the nation to the highest one-third of the economic system by 2028 by way of the GII. —KG, GMA Integrated News

Source: www.gmanetwork.com