COMPONENT 3

Intellectual Property Rights

Programme Component 3, AL-INVEST Verde DPIseeks to achieve greater use and effectiveness of Intellectual Property Rights (IPR) in Latin America, particularly in the MERCOSUR countries. Its purpose is to expand and improve the use of IPRs to boost opportunities for research cooperation and stimulate competitiveness and sustainable innovation.

AL-INVEST Verde dpi

Intellectual Property (IP) is an essential incentive for creativity and innovation. This includes green innovation, which makes it central to promoting biodiversity, sustainable food policy, the circular economy and the fight against pollution. IP therefore has a key role to play in promoting the objectives of the European Green Deal (EGD). Moreover, well-functioning IP systems - which provide the framework for transactions around creative and technological developments - are essential for the creation of industrial partnerships, which are key to achieving strategic objectives such as those included in the EGD.

Component 3, with a budget of 2.8 million euros, will last for three years, during which a team of seven people located in Montevideo, Uruguay and Alicante (Spain) will work in three main areas:

1.

  1. Construction of Efficient and accessible ECD institutionsstrengthening the capacity of national and regional intellectual property institutions, in particular those of MERCOSUR countries, to improve systems for the protection and enforcement of intellectual property rights.

2.

Contribution to a Innovative, Sustainable and IPR Competent Productive Sectorimproving the capacities of the productive sector, in particular SMEs, the scientific-academic, technological and agricultural sectors in the management of IPRs to obtain value from innovation.

3.

Creating IPR networks and boosting internationalisation. The purpose is to develop inter-institutional and transnational networks of actors to facilitate the adoption of best practices in intellectual property to promote innovation and artistic creation. As well as aligning intellectual property laws with international standards.

This initiative is being implemented by the European Union Intellectual Property Office (EUIPO), a decentralised EU agency specialising in intellectual property.

EUIPO works both at EU and international level to make IP institutions and organisations more accessible and efficient. In this endeavour, it counts on the privileged collaboration of the European Commission in relation to the IP cooperation projects in various regionsworking to improve IP systems and develop collaborative networks around the world.

AL-INVEST Verde IPR is designed to be consistent with EU trade policy, focusing on keeping IP in line with an open and sustainable trade policy, to contribute to economic recovery by supporting green and digital transformations.