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Patent And SMEs In Latin America: Colombia

By Fernando Triana Soto and Marcela Gómez Rubio

The “Promotion of technological development and innovation” is one of the policies set by the Colombian Government for the growth of the country’s economy with the objective of strengthening the national business sector through innovation.About 10 years ago, a comprehensive overview of the status of innovation in Colombia showed low investment in the activities of science, technology and innovation (hereinafter STI) in addition to the low participation of Colombian nationals in the Industrial Property System, namely the protection through patents of invention.1 It was found that the tax benefits introduced since the 90’s were not stimulating investment in STI, and the main cause was the lack of knowledge of nationals about how the Intellectual Property System operates in our country.

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