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  Intelligent Intellectual Property
 
Trendlines wrote this article for the Federation of Israeli Chambers of Commerce. It first appeared in the FICC newsletter and is reprinted here with permission.

Some of the information for this article was taken from a report issued by the Israel Intellectual Property Forum, operating under the auspices of the FICC.

Intellectual Property as a National Resource
According to the dictionary, “intellectual property” refers to “property (as an idea, invention, or process) that derives from the work of the mind or intellect.” In our modern economies, intellectual property (IP) is a national resource of the utmost importance. IP can advance the economy and society. It provides a foundation for economic cooperation with other nations.

Israel Patent Authority data reveals a significant increase in recent years in the number of patent applications filed in the country, as well as in the number of international patent applications based on applications first filed in Israel (Patent Cooperation Treaty patents).

Israeli IP at the Fore
The number of patent applications entering the national stage in Israel in 1997 was a mere 540. Since that time, the country has made some impressive strides.
  • A Business Data Israel study in 2005 ranked Israel second in the number of European patents filed by non-European companies.

  • The country placed fourth in the number of U.S. patents filed by non-U.S. companies per year, per capita.

  • According to a report released by BioIsrael, the country leads the world in patents for medical devices, based on its population. A total of 6,841 patent applications were filed in Israel in 2005, a figure that ranks Israel in third place in terms of per capita patent applications.

  • In 2006, Israel was in fourth place in the number of patents that were approved and registered in the United States with 178.5 patents per 1 million residents, marking an 18% rise from 2005, when it was in fifth place.

  • The article, "Israel 2nd place in patent applications to Europe" (Ynetnews, March 6, 2007), states Israel ranked just behind Japan with 112 requests to Europe. Interestingly, within Israel, about 78% (5,319) of the patent registration applications filed were by foreign companies.

Israel is a member of the Bern Convention and the Universal Copyright Convention and is also a signatory to the TRIPS Agreement. Israel is also a signatory to the WIPO Copyright Convention, but has yet to ratify it and to implement its provisions.

In spite of these tremendous acknowledged successes, the issue of IP does not often receive due attention on the country’s national agenda, contrary to the situation in other developed nations.

The Trendletter welcomes your comments.

Karen Kozek
Senior Marketing Communications Consultant
Trendlines International


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