Encouraged by SNP policy initiatives, Scottish trade mark registrations up 26% in one year!

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From Insider today:

UK trade mark applications from Scotland have risen by a quarter in the past year despite Brexit fears. Recent data from the Intellectual Property Office shows that trade mark applications from north of the border rose from 2,736 in 2016 to 3,417 in 2017 (24.8 per cent), while registrations increased from 2,288 to 2,883 (26 per cent) in the same period. This represents a significant increase on last year’s figures which saw applications rise from 2,448 in 2015 to 2,736 in 2016 (11.7 per cent), with registrations increasing from 2,013 to 2,288 (13.6 per cent) in the same period. Likewise, the data indicates a healthy patenting picture, with Scottish applications rising from 753 in 2016 to 855 in 2017 (13.5 per cent), and 281 published in 2016 compared to 2017’s 303 (7.8 per cent). A total of 157 Scottish patents were granted in 2017 – marking a 21.7 per cent rise on the previous year’s total of 129.’

https://www.insider.co.uk/news/food-and-drink-trademark-applications-13614004

This is a good sign of both underlying strength and potential in the Scottish economy. We have seen other signs recently:

Umpteenth post on underlying strength in Scottish economy: Property investment up 19.8%!

‘Glasgow’s blistering commercial property market’

One more indicator of economic well-being as Investment in Glasgow office property surges four-fold and Scotland ‘very much on the wish list’

More real economic data: 37% surge in investment in Scottish commercial property, greater diversity and higher profitability than in the UK

Scottish economy’s underlying strength invisible to our Nomedia

Miles Better? Glasgow hotel revenue growing eight times faster than UK average

Another case in the real story of Scotland’s economy: Big business failures in Scotland fall by 25%’

Another case in the real story of Scotland’s economy: Hospitality retail growth up 11%

More evidence of strong Scottish economy as permanent job placements rise above non-Scottish parts of UK

The role of the SNP’s economic policies and initiatives in laying a fertile bed for at least some of such enterprise can be seen here:

Have ten years of progressive SNP policies made Scots more optimistic?

GERS figures prove the Union has been bad for Scotland but despite that SNP policies are improving our economy

Food and Drink Special: Scotland’s exports surge and new SNP policies will maintain the growth.

Scottish Business Strength No.77: Small Scottish construction firms’ growth up 17%

Scottish small businesses still more confident than those in non-Scottish parts

‘Gales of creative destruction’ as Scottish small businesses get 50% of public sector spend? In the ‘UK’, it’s only 19%.

Scotsman wrongly labels council tax rises as ‘SNP tax rises’ and fails to understand value for businesses of SNP reducing taxation of majority lower income groups

 

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