Trademark Applications In A Sectoral Approach

The economic roles of the Intellectual Property Rights (IPRs) are one of the key mysteries of the economic theories. At the beginning of the 1760s a sustained and rapid growth in per capita income occurred all over the word and since then the broad history of economic institutions has still quite important. This research paper relies on the conceptual framework of IPRs. However, the academic literature has claimed that the presences of these institutions are essential elements of a well-functioning economy, but intellectual property has come to mean not only the right to own and sell, but also the right to regulate its use. Moreover several unexploited dilemmas have still remained in practice. In order to support the theoretical insights we inspect to overview the trademarks growth tendencies in various OECD countries. In this perspective we followed a specific taxonomy of the traditional Nice Classes (NCL) to identify the distribution and the growth changes of these property right applications in a specific sectoral approach. Besides determining the differences with some comparative statistics in the branches, we could also demonstrate the economic importance of trademark applicants that place on the protection of brands in the service-oriented industries. However, there was falls in due to the last economic crisis; it seemed to follow a persistent and substantial growth path again. In this sense, we could also suggest the better valorization of IPRs that must be considered in a context to facilitate SMEs’ access to the benefits of globalised markets in these industries.