The reforms could include viewing patents not as a monopoly on innovations but as a way of making information about them more widely available, European Patent Office vice president Manuel Desantes told a conference in Manila.<\/p>\n
New technology, the concentration of patents in the hands of big business and calls for more open access to patented technology — including by poor countries for medicines — were among the challenges to be faced, he said.<\/p>\n
The expert also warned the conference, which brings together the heads of intellectual property offices from around the world, about the dangers of piracy.<\/p>\n
“Piracy is a cancer to a country. The more piracy, the less development,” Desantes said, adding the patent system should be made entirely electronic to cope with the challenges it faced.<\/p>\n
The conference's discussion agenda was the future of intellectual property rights and the patent system protecting them.<\/p>\n
Delegates said wealth today was measured by innovation and technological know-how rather than just by factors such as land or energy resources.<\/p>\n
Tomoko Miyamoto, a law counsellor for the World Intellectual Property Organisation, said research showed that about 80% of the market value of some of the world's top companies comprised “intangible assets” like patents.<\/p>\n
Adrian Cristobal, head of the Philippines’ intellectual property office, said the patent system needed to be promoted in his country since only 1.2% of all patents in the Philippines were held by Filipinos.<\/p>\n
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