The increase in the number of patent applications: are we finding out what is the reason for this?
The number of patent applications from Russian applicants in the first quarter of 2024 increased by 11.5% compared to the same period in 2023.
What is the reason for this increase? Ksenia Rud, a junior lawyer in the intellectual property practice at Versus.legal, explained the situation for Pravo.ru.
Ksenia believes that the increase in the number of patent applications is due to:
- The active work of Russian companies under sanctions.
- The possibility of registering trademarks by self-employed people from June 2023.
- An increase in the number of companies entering marketplaces. To do this, you need to properly protect IP, as platforms carefully monitor the observance of rights.
- By increasing the number of entrepreneurship support programs, such as the Leningrad Region Entrepreneurship Support Fund. They help you register your IP while covering basic expenses. This allows small and medium-sized businesses to protect their brands and invest in development.
“It is also worth noting the improvement in the quality of identifying protectable intellectual property (RID) at universities (for example, ITMO, Polytech), foundations (Skolkovo) and various research institutes. For example, IP Accelerators are being created that provide consulting services for inventors aimed both at identifying RIDs and at providing general IP law education.”
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