The culture of protecting trademarks and patents in Mexico is on the rise
The report "The Economic Contribution of Intellectual Property in Mexico" quantifies, for the first time, the economic contribution in the country of industries that protect trademarks, patents, designs, and appellations of origin, among other sources of industrial property.
"These industries generated 17.6 million jobs, which represented 33.6 percent of the total number of jobs in 2019, and registered salaries, on average, 18.1 percent higher compared to those industries that do not exercise industrial property rights," IMPI highlighted in a statement.
The study, funded by the European Union, notes that industries that make greater use of industrial property played a key role in foreign trade, accounting for more than 70 percent of merchandise exports and imports.
The report also highlights the impact of European companies on merchandise exports, as they accounted for 26.5 % of the total products exported by IPR-intensive industries in 2019.
In addition, companies with equity participation of European origin that make use of industrial property contributed 1.7 million direct jobs in the Mexican economy in 2019 and nearly 1.7 million indirect jobs.
Paolo Caridi, head of the Economic and Commercial Section of the Delegation of the European Union in Mexico, indicated that this material corroborates the important contribution of European capital-intensive companies in industrial property development to the Mexican economy, as they are an integral part of Mexico's GDP.
"The economic crises we have gone through in Europe have shown us that, even in times of crisis or recession, sectors intensive in industrial property development adapt better to difficult conditions," he said.
The study considered the 822 productive activities of the Mexican economy classified by the National Institute of Statistics and Geography (Inegi) and identified that 445 of these protect their trademarks and inventions.
The methodology of the study consisted of performing a correspondence analysis between IMPI's registrations of patents, industrial designs, and trademarks, during the period from 2010 to 2019, with Inegi's data, identifying the degree of protection of industrial property in the different industries.