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Thailand is the number 1 exporter of creative products for 2 years in a row.

Department of Intellectual Property Revealed that the World Intellectual Property Organization (WIPO) has announced the results of the ranking of the Global Innovation Index 2023 (Global Innovation Index 2023: GII 2023), with indicators related to many aspects of intellectual property. Especially in the area of exporting creative products. Thailand has been ranked number 1 in the world for the second year in a row. This is considered a strength that the government has given importance to and has continuously promoted the potential of Thai entrepreneurs. To push Thailand out of the middle-income country trap.

Mr. Wutthikrai Leeveeraphan, Director-General of the Department of Intellectual Property, said that the Global Innovation Index or GII is like a performance ranking indicator and reflects the country’s innovation capacity in various fields. Overall, Thailand is ranked 43rd out of 132 countries/economies around the world and 5th among Upper Middle-Income countries, behind China, Malaysia, Bulgaria and Turkey by 2. Indicators in which Thailand ranks number 1 in the world include Creative Goods Export and investment in research and development (RandD) by the business sector (Gross Expenditure on RandD (GERD) Financed by Business) shows. that Thailand has used innovation and intellectual property to create added value for products and services at a high level and realize the importance of doing RandD to develop further for the business sector

In the GII 2023 report, Thailand also has several interesting intellectual property indicators, such as the number of petty patent applications filed by Thai residents. Ranked 6th highest in the world, from 8th in the past year. Spending on intellectual property products and services Ranked 16th in the world, stable from last year. Number of product design patent applications filed by Thai residents Ranked 32nd in the world, up from 34th in the previous year, in the number of patent applications through the Patent Cooperation Treaty (PCT) system filed by residents. Thailand is ranked 57th in the world, from 62nd in the previous year. Income related to intellectual property products and services is ranked 61st in the world, from 64th in the past year. The number of patent applications filed by Thai residents ranks 71st in the world, from 73rd last year, etc.

However, the results from the GII indicators on intellectual property reflect that Thailand has the strength that every sector is aware of the importance of intellectual property. and jointly promote continuous innovation For its part, the Department of Intellectual Property has developed various online services in accordance with the SMART DIP policy, such as filing online registration through the e-Filing system, a visual trademark similarity checking system. Expedited intellectual property registration system Patent technology trend analysis system, etc., which facilitates Thai entrepreneurs to conveniently register and receive advice on intellectual property. faster Responding to the needs of the business sector in the digital age For the goal of successfully leading Thailand to overcome the middle income trap

Source: Thai News Agency