Newsletter Edition 22 - February 2021

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The BPTO publishes the 2021 Action Plan

The BPTO (Brazilian Patent and Trademark Office) has just published its “2021 BPTO Action Plan”, with a list of measures of its annual planning connected to the institute’s strategic-institutional goals. The Plan has five lines of action: optimizing time, quality, and legal certainty in its work to grant or promote the registration of Intellectual Property rights; foster the creation of economic assets that derive from knowledge and inventiveness in monetizable IP; integrate Brazil as a winning country in the international IP system; achieve excellence in business management; and to promote the development, professional growth, well-being and the search for excellence by the BPTO professionals.

The measures foreseen in the Action Plan integrate the BPTO’s performance in the National Intellectual Property Strategy, prioritizing “the increase of participation of residents in the creation and protection of IP assets”. The performance targets for 2021 include, among others, growing at rates equal to or greater than 15% in all IP assets; 80% reduction in the patent backlog; priority examination of patent applications within 12 months; 11.4% increase in service revenue and 22.4% in the results of operations as compared to 2020.

The Plan also provides for new digital solutions for users. The BPTO IP Office for the 21st Century Program, in partnership with the Prospect Fund/UK, aims to accelerate an institutional transformation “guided by the best international IP practices”, and includes the Institute’s accession to two new international agreements: The Hague Agreement and the Budapest Treaty.

You can access the 2021 BPTO Action Plan at the link

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