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Casablanca – After ranking 77th in 2021, Morocco has moved up to 67th place in this year’s edition of the Global Innovation Index (GII), moving up by 10 places.
Published on September 29 by the World Intellectual Property Organization (WIPO), the index ranked the North African country 6th among the 36 countries in the category of lower-middle income economies and 8th among the 19 countries in the MENA region.
Morocco also scored well in the component of intangible assets, ranking 23rd. It was ranked 9th in terms of design filings by origin and GDP, and 33rd in terms of trademark filings by origin and GDP.
The country was also placed 51st in terms of origin and GDP for patent applications filed under the Patent Cooperation Treaty (PCT).
Read also: Morocco Loses Two Places in UN WIPO Global Innovation Index
Speaking at a hybrid event to launch the 15th edition of the GII, this Thursday in Geneva, Morocco’s Minister of Industry and Trade Ryad Mezzour recalled the country’s approach to intellectual property (IP) and innovation.
“Industrial property is more than ever considered a real lever for growth and a must-have for development and economic recovery,” he said.
Mezzour further noted that “our vision for 2035, through the Moroccan Office of Industrial and Commercial Property (OMPIC), is that Industrial and Commercial Property should be at the service of a productive, innovative and inclusive national economy.”
“The Ministry of Industry and Trade aims, through OMPIC, to make available to young creators and innovators and SMEs, a set of tools and programs to support them to take advantage of their creations through the protection and enhancement of their industrial property as well as through the development of their skills and providing monitoring services and information in this field,” he concluded.
