World Intellectual Property Day

Article excerpt

INTELLECTUAL property refers to creations of the mind that include inventions, literary and artistic works, and symbols, names, images, and designs used in commerce. There are two categories - industrial property and copyright. The former are inventions (patents), trademarks, industrial designs, and geographic indications of source, while the latter includes literary and artistic works such as novels, poems, and plays, films, musical works, artistic works such as drawings, paintings, photographs, and sculptures, and architectural designs. The recognition, protection, and promotion of intellectual property rights has gained ground across the years, thanks to the efforts of the World Intellectual Property Rights Organization (WIPO), the specialized agency of the United Nations that is dedicated to developing a balanced and accessible international intellectual property (IP) system, which rewards creativity, stimulates innovation, and contributes to economic development while safeguarding the public interest.

To address the yawning gap between awareness and active promotion and protection of intellectual property (IP) rights among the public, the WIPO's member states decided in 2000 to designate April 26 as annual World Intellectual Property Day. This is the date the Convention establishing WIPO entered into force in 1970.

Each year, WIPO and its member states undertake activities, events, and campaigns that seek to increase public understanding of what IP really means, and to demonstrate how the IP system fosters not only music, arts, and entertainment, but also all the products and technological innovations that help to shape our world. …