Three new agreements for fostering innovation have been signed by Brazil and Denmark
In October 2019, the president of the BPTO’s, Claudio Furtado, and the Chief Executive of the Danish Patent and Trademark Office (DKPTO), Sune Stampe Sorensen, signed, in Copenhagen, three agreements to foster Brazilian-Danish partnerships at innovation activities, including generation and trading of assets protected by patents and other Industrial Property (IP) mechanisms.
The first agreement aims to stimulate cooperation in research, development and innovation among businesses from Brazil and Denmark, thus stimulating an increase in the number of patent applications, as well as registrations of other IP assets, under co-ownership.
The second agreement foresees the drafting of a new model for the Patent Prosecution Highway (PPH) project, aiming at fast-tracking patent application examinations and providing a more effective use at both markets. This new format is broader than the current one, which only benefits patent applications related to field of Mechanics.
Lastly, the third agreement provides for the adhesion of Brazil at the online IP Marketplace platform, which enables the offering and negotiation of IP assets. Currently, 157 countries are represented in such network through 6,000 trademarks, patents and industrial designs owners.
More information, in Portuguese, is available at http://www.inpi.gov.br/noticias/brasil-e-dinamarca-assinam-tres-acordos-para-estimular-inovacao.