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Shaping Italy’s Intellectual Property System’s Future

Shaping Italy's Intellectual Property System's Future

Shaping Italy's Intellectual Property System's Future

The “Lines of strategic intervention on the industrial property for the years 2021-2023” were adopted by Italy’s Ministry of Economic Development on June 23, 2021. The effort is part of the National Recovery and Resilience Plan (PNRR), which was created in response to the COVID-19 pandemic.

The strategic intervention plan was able to integrate stakeholders’ comments, including law firms, universities, not-for-profit organizations, corporations, and other interested parties, thanks to a preceding public consultation performed by Italy’s Patent and Trademark Office (PTO).

Despite the fact that the strategic intervention plan’s aims are lofty, the time frame for achieving them is quite short. The Ministry of Economic Development hopes to have completed five lines of intervention, referred to as “challenges,” by 2023:

The strategy aims to achieve the following primary objectives in order to overcome these challenges

IP is intended to play a crucial role in helping Italy’s recovery in the face of the COVID-19 crisis and promoting a reinvigorated and emboldened economy, ready to meet the needs of a fast-changing economic environment, according to the strategic intervention plan.

The list of Italy IP Firms can be found here.

 

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