Trademark registrations wane post-crisis
Relevant offers
Small Business
Trademark registrations dropped for the first time in 2009 as a result of the global economic downturn, the UN intellectual property agency said Thursday.
International filings with the World Intellectual Property Organisation fell by 16 percent to 35,925 last year, following a slowdown in new applications in 2008.
A registered trademark protects a company from having its name or a phrase associated with it used by others to sell products.
Francis Gurry, the agency's director-general, said the drop was "significant" but unsurprising given that trademarks are a key indicator of business confidence.
Companies from Germany filed almost 4800 trademarks with the UN system last year, a drop of 23 percent.
The figure doesn't include trademarks filed through the European Union's registration office, which totaled over 3700 last year.
France came second in national filings, and the US was third.
China remains the most popular jurisdiction in which companies registered their new trademarks, followed by Russia and the United States.
Gurry told reporters in Geneva that international enforcement of trademark rights is still too weak because countries are reluctant to harmonize their legal systems
- AP
Sponsored links
NZ economic performance understated, says Bollard
Goodman Fielder to slash New Zealand jobs
Jail for tax dodging taxi driver
Soho subscribers and ad revenue lift Sky TV profit
Travellers stranded after Air Australia goes bust
Fay plan sinks $18m into Crafar farms
Ageing population lifts death rate
NZ dollar up as trading favours risk assets
Guptill blasts Black Caps to victory in first T20
One dead after Northland crash
Flights disrupted as severe thunderstorms hit Auckland
Fatal speed-gliding crash near Wanaka
Bolivian squirrel monkeys arrive at Wellington Zoo
Armed thieves loot Greek museum
Hurricanes weather elements to beat Chiefs
Travellers stranded after Air Australia goes bust
Goodman Fielder to slash New Zealand jobs
Police car pig painter mystery unsolved
New York apartment sells for NZ$105m
Guptill blasts Black Caps to victory in first T20
Quake felt across lower North Island
Hurricanes weather elements to beat Chiefs
One dead after Northland crash
New York apartment sells for NZ$105m
Police car pig painter mystery unsolved
Flights disrupted as severe thunderstorms hit Auckland
Fatal speed-gliding crash near Wanaka
O'Connor attacks Smith's stance
Protester refuses community work
Helicopter companies still owe $5 million
Blackberry jams preserve the past
Residents tell of crime concerns