Small and medium-sized enterprises (SMEs) play a pivotal role in driving economic growth across the globe, stimulating development, innovation, and competitiveness. According to the World Bank, in emerging markets SMEs generate 7 out of 10 jobs and contribute up to 40 % of national income[1]. However, the impetus for continued growth relies heavily on the protection of the ideas at the heart of every company. The pandemic has reminded us just how fragile the global economy is.

The National Directorate of Industrial Property under the Ministry of Industry, Energy and Mining of Uruguay (DNPI) has published a practice paper today on the impact of non-distinctive/weak components of trade marks in the examination of llikelihood of confusion (relative grounds for refusal).

IP Key Latin America (IP Key LA), the Delegation of the European Union in Peru and the National Institute for the Defense of Free Competition and Protection of Intellectual Property (INDECOPI) present the first study on the economic contribution of industrial property in Latin America. This study focuses on the Peruvian economy and is the result of extensive and detailed research, lead by economists Italo Muñoz and Victor Revilla.