Rise in trade marks indicates thriving food and drink sector

Rise in trade marks indicates thriving food and drink sector

Intellectual property specialist Marks & Clerk has said that a steady rise in the number of UK trade mark applications originating from Scotland is evidence of the country’s strong entrepreneurial spirit.

Data from the Intellectual Property Office (IPO) shows that trade mark applications from north of the border rose by 11.7% in 2016, while registrations increased 13.6% in the same period.

Campbell Newell, a partner in Marks & Clerk’s Edinburgh office, notes that the spike in applications from Scotland’s food and drink makers indicates that the Scottish food and drink sector is thriving. 

Campbell said: “Scotland has a long and proud tradition of producing ambitious entrepreneurs, and we continue to punch above our weight in so many sectors – be it food and drink or tourism. Despite a climate of economic and political uncertainty, we’re seeing a very healthy Scottish picture, and businesses are recognising the importance of protecting and investing in their trade marks.

“We’re seeing this replicated across our Edinburgh, Glasgow and Aberdeen offices, so there is every reason to be encouraged.

“It’s a huge tribute to Scotland’s entrepreneurial spirit, particularly in the Scottish brewery sector which has doubled since 2010 with 115 breweries operating in 2016, compared to just 55 in 2010. Start-up breweries have played a major role in that.

“It also further serves to reaffirm the country’s status as a leading marketplace for ambitious young businesses looking to make their mark.”

Nationwide, the trade marks picture has remained buoyant with IPO data showing applications have risen consistently, growing from 41,044 in 2011 to 65,710 in 2016. Likewise, UK trade mark registrations have risen from 33,172 to 54,222 over that period.