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Drastic rise in Israeli patent protection fees


In a rare precedent, the Israeli patent office has increased the fees for intellectual property proceedings for the second time in a year.

The apparent reason for the growing prices is the need for larger office spaces and for increasing the number of employees, which in turn hasconsiderably increased the running costs of the patent office.The fast-growing Israeli economy is seen as another cause for the speedy increase.

It remains to be seen whether this measure will attract investors to register patents in Israel, or whether, on the contrary, investments and economic growth will be thwarted.

Source:  The IP Factor