The Intellectual Property Office of the Philippines (IPOPHL) launched a comprehensive roadmap to harness the economic potential of homegrown intellectual property (IP) assets, positioning the Philippines as a global leader in creativity and innovation.
The Philippine Intellectual Property Strategy (PHIPS) 2025-2030 envisions the Philippines as a “Hapag-Isipan,” or “Banquet of Ideas,” where creativity, innovation, and collaboration converge to drive economic growth, protect cultural heritage, and advance sustainable development goals.
“We see the Philippines as a global hapag—a platform for innovation where ideas thrive, IP-backed products flourish, and economies grow,” said IPOPHL Director General Rowel Barba during the annual stakeholders’ forum held November 26, 2024.
He emphasized the importance of collaboration and innovation in building an ecosystem that maximizes IP’s potential.
The term “hapag,” meaning “table” in Filipino, symbolizes a shared platform for nations, industries, and individuals to create, commercialize, and consume IP-driven products and services.
PHIPS 2025-2030 outlines four core strategies to position the Philippines as a global IP hub by enhancing public understanding of IP’s value, empowering creators to transform ideas into market-ready ventures, fostering partnerships to boost IP development and commercialization, and by leveraging artificial intelligence and digital innovations to strengthen the IP ecosystem.
The strategy introduces bold measures to integrate IP into the nation’s economic framework like the IP-backed Financing, investment banking services for IP, and expanding IP-driven exports.
The Hapag-Isipan strategy supports existing laws like the Philippine Creative Industry Development Act, Innovative Start-Up Act, leveraging IP as an engine of Åeconomic growth.
Barba said PHIPS 2025-2030 will not only attract global investments but also create vibrant markets, stimulate exports, strengthen the digital economy, and address the trade deficit.
