The new Organic Code of the Social Economy of Knowledge, Creativity and Innovation (Code of Knowledge or Ingenios) replaced the Intellectual Property Law in Ecuador. Our team actively participated in the revision of texts of the code project, and appeared before the Education Commission of the National Assembly that was in charge of the analysis of this Code Project to offer their opinions, criticisms and suggestions; and, in turn, we are currently participating in the proposal for reforms to it.
This change represents a different legal treatment of intellectual property, development and research in our country, with which it is intended to promote the endogenous development of knowledge, especially to modify the current reality on the almost null generation of patents and inventions requested and registered by national actors (IEPI: up to 2013, on average only 1.97% of requests are from Ecuadorians), as well as innovation generated by Ecuadorian companies (Senescyt, ACTI 2013, of the total number of companies that introduced a new product to the market, 1.30% did it in a novel product for the world).
Our firm offers its clients a full service of legal advice and sponsorship in matters of Intellectual Property, punctually in the following:
Our professionals are ready to advise you and your company on this matter.