Bloomberg has just published its annual Bloomberg Innovation Index for the year 2020. This Index analyzes dozens of criteria using seven metrics, including research and development spending, manufacturing capability and concentration of high-tech public companies.

As to the Latin American countries, Argentina (45), Brazil (46) and Chile (54) are in the lead of innovation in this Region. Argentina has moved up 5 places in the Index, while Chile has moved up 7. 

The European Patent Office (EPO) and INPI Brazil have signed a new Memorandum of Understanding (MoU) on an Enhanced Technical and Strategic Partnership. During this event both offices also signed a MoU to renew their Patent Prosecution Highway (PPH) pilot program.

This PPH Project allows users to take advantage of an effective reduction in patent pendency, by shortening the examination process.