Welcome to the latest edition of BananaIP’s Weekly IP Insights, published on November 15th, 2023. Our dedicated team at BananaIP has meticulously researched and compiled key developments in the intellectual property domain to keep you informed and up-to-date. This week, we bring you significant updates from the World Intellectual Property Organization (WIPO), insights into global patent trends, and notable advancements in the realm of accessibility and intellectual property rights. Our commitment is to provide reliable and comprehensive information for our readers, contributing to a better understanding of the ever-evolving IP landscape.
WIPO Indicators Report Declares a Record Number of Patent Applications
Fuelled by Indian and Chinese innovators, global patenting activity soared to new records in 2022. Patent innovators around the world filed 3.46 million patent applications in 2022. China, USA, Japan, Korea, and Germany were the countries with the highest number of patent filings. Indian filings saw a growth of around 31.6% from the previous year. However, WIPO Director General Daren Tang warned that geopolitical instability and the uncertain economic outlook were weighing on the further growth of the IP system.
Full press release: World Intellectual Property Indicators Report: Record Number of Patent Applications Filed Worldwide in 2022
Saudi Arabia Set to Host 2024 Diplomatic Conference to Conclude Design Law Treaty
Saudi Arabia is set to host a diplomatic conference to finalize negotiations of a proposed Design Law Treaty (DLT) on November 11-12, 2024. An industrial design is the ornamental aspect of an article. Therefore, DLT aims to streamline the global system for protecting industrial designs, making it easier, faster, and more affordable for designers, especially smaller-scale designers and micro, small, and medium-sized enterprises (MSMEs) to register their work.
Full press release: Saudi Arabia Set to Host 2024 Diplomatic Conference to Conclude Design Law Treaty
WIPO Organising a Workshop on Mediation and Arbitration Procedures
WIPO is organising a workshop from November 28th – 30th, 2023, for mediators, arbitrators, IP lawyers, in-house counsel, patent and trademark attorneys, and business professionals. The workshop aims to cover case application of the WIPO Mediation, Arbitration, and Expedited Arbitration Rules and promote ADR options for the resolution of intellectual property and technology disputes.
Full press release: Online WIPO Mediation and Arbitration Workshop
Accessibility Initiatives
PM DAKSH DEPwD – Empowering Persons with Disabilities Through Skill Development
The Department of Empowerment of Persons with Disabilities (DEPwD) recently launched the digital portal PM DAKSH- DEPwD as part of the National Action Plan for Skill Development of PwDs. It provides end-to-end facilities for PwDs such as Unique Disability Identity (UDID) based registration, enrolling in one of the 250+ courses, exploring ETPs in their State/District providing skill training, access to study materials, and more.
Ministry update: PM DAKSH DEPwD Launched
FSSAI’s Initiative for Consumers with Disabilities
The Food Safety and Standards Authority of India (FSSAI) issued an advisory regarding the Inclusion of QR Codes on Food Products for Accessibility by Visually Impaired Individuals. It aims to enhance access to nutritional information, encouraging food business operators to include QR codes on product labels.
Full advisory: FSSAI Advisory on QR Codes for Accessibility
We hope this edition of BananaIP’s Weekly IP Insights has provided you with valuable insights into the current trends and developments in the field of intellectual property. As we continue our journey to explore and report on the dynamic world of IP, we invite you to join us in this ongoing conversation. Stay tuned for our future weekly updates, where we will persist in delivering factual, unbiased, and thoroughly researched information. Your trust and readership are paramount to us at BananaIP, as we strive to be your go-to source for intellectual property news and analysis.
