Intellectual Property (IP) System
Intellectual Property (IP) System
The Ministry of Economy has announced the launch of its new intellectual property system, which includes 11 integrated initiatives in various fields and applications of intellectual property. The aim is to enhance innovation and creativity in the country, provide a competitive environment and a suitable climate for inventors and innovators to develop their pioneering ideas and turn them into business opportunities and innovative projects, and enable talented national competencies to utilize intellectual property applications.
11
Developed Initiatives
9.6%
Increase in 2023 trademark registration applications
29.5%
Increase of registered intellectual properties
19.5%
Increase in patent registration applications