Protecting Intellectual Property in Brazil
In Brazil, a patent application waits between 7 to 10 years, delaying technological evolution. With the rapid technological evolution we have, patent waiting time can age new technologies, making them old by the time they are approved.
Article 40 of the Intellectual Property Rights Law (No. 9,279) recognizes this and, therefore, automatically grants the patent a minimum exclusivity of ten years, to compensate for administrative delays. However, the Federal Supreme Court is expected to rule on this article shortly. Is innovation in Brazil in danger?
My colleague Fabio is fighting for intellectual property rights in Brazil.
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