The heads of the five most prominent patent places held their annual assembly on 13 June in Incheon, Korea. The five workplaces, referred to as the IP5, are the Korean Intellectual Property Office (KIPO), European Patent Office (EPO), Japan Patent Office (JPO), China National Intellectual Property Administration (CNIPA), and United States Patent and Trademark Office (USPTO). The IP5 collectively handles around eighty-five percent of the world’s patent applications.
The meeting was chaired by way of KIPO Commissioner Park Wonjoo and attended using EPO President António Campinos, JPO Commissioner Naoko Munakata, CNIPA Commissioner Shen Changyu, and USPTO Director and Under Secretary of Commerce for Intellectual Property Andrei Iancu. The Director-General of the World Intellectual Property Organization, Francis Gurry, attended the assembly as an observer.
“Co-operation with our IP5 companions is a key to constructing a green and effective international IP machine by way of setting up more aligned tactics international,” said EPO President António Campinos. “IP5 co-operation is a achievement story. The EPO and its accomplice workplaces at the moment are getting into a brand new phase in their co-operation in which we should reflect onconsideration on further strengthening IP5 co-operation and promoting a greater complete IP plan, in order to better reply to our users’ wishes who handle complete IP portfolios with bundles of IP rights,” he said.
The five heads of the workplace welcomed current progress on IP5 tasks, including the type of emerging technology, the non-stop development of Global Dossier offerings, greater work sharing, and the harmonization of patent practices and procedures.
The IP5 heads agreed to release a New Emerging Technologies/Artificial Intelligence Task Force for you to responding as it should be and exploring destiny joint initiatives related to international technological tendencies. The five leaders additionally agreed to enhance the IP5 shape to obtain greater performance within the IP5 co-operation framework.