Mexico Seeks Innovation Growth Through IP Reforms

Mexico is working on unlocking barriers hindering innovation growth to improve its position in the Global Innovation Index. Santiago Nieto aims to enhance patent applications and strengthen IP rights, addressing piracy and competition. A coordinated approach among public entities is essential for a robust IP system.


Mexico Seeks Innovation Growth Through IP Reforms

Mexico faces the challenge of removing the obstacles that have limited the growth of its innovation and have kept it away from the group of the 15 main economies in the world. Ranked 56th in the Global Innovation Index, the country has the task of incorporating concrete data on intellectual property into its public policy to boost its development.

The new administration of the Mexican Institute of Industrial Property (IMPI), under the direction of Santiago Nieto, highlights the importance of increasing national patent applications. This measure aims not only to improve statistics but also to promote the legal protection of innovation as a fundamental step for the establishment of strong technology companies and consumer satisfaction.

Effective collaboration between governmental entities, especially the Secretariat of Economy and the Secretariat of Science and Technology, is crucial. A National Researchers System linked with IMPI and universities to provide industrial solutions is essential to strengthen innovation in Mexico.

Mexico's inclusion in "Section 301," issued by the United States government due to alleged non-compliance with intellectual property rights, must be overcome with significant changes in the fight against unfair competition and piracy. Creating a robust intellectual property system will benefit wealth generation through intellectual assets that are valued by the market.

The detailed analysis conducted by Santiago Nieto and shared with professionals from the Mexican Association for the Protection of Intellectual Property highlights the need to involve entities such as the Attorney General's Office, Customs, and the National Seed Inspection and Certification Service in this process.

The lack of specialized judges in Intellectual Property presents a challenge, as their expertise is invaluable and difficult to replace. Improving different aspects of the system and achieving challenging results requires a clear vision of the present and the future.

It is essential to foster collaboration in all areas of the Mexican innovation ecosystem and work together to stimulate progress in this field. The commitment and joint action of all parties involved are fundamental to drive innovation in the country and achieve the proposed objectives.

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