World Intellectual Property Day 2019

World Intellectual Property Day is celebrated worldwide every year on 26 April to spread the awareness about the role of Intellectual property rights in encouraging, innovation and creativity. Let us study about World Intellectual Property Day, its history and why it is celebrated etc. through this article.
Apr 26, 2019 11:58 IST
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World Intellectual Property Day 2018
World Intellectual Property Day 2018
p>World Intellectual Property Day is also known as World IP Day. It was established by World Intellectual Property Office ( WIPO). It promotes the role of IP in stimulating innovation and creativity.

In fact World Intellectual Property Day provides an opportunity for IP offices, inventors and enterprises whether big or small to discuss and connect each other about the emerging various innovations that will help in shaping the world and also improves the living of people.

World Intellectual Property Day 2019: Theme

The theme of World Intellectual Property Day 2019 is “Reach for Gold: IP and Sports”.

This year theme focusses on the world of sports. This day explores how innovation, creativity and the intellectual property (IP) rights that encourage and protect them support the development and worldwide enjoyment of sports.It will empower the financial model of all sporting events worldwide. IP rights are at the heart of the global sports ecosystem and all the commercial relationships that make sports happen and also allow us to tune in to sporting action.

It provides an opportunity for IP offices, inventors and enterprises to connect with each other and discuss how IP contributes tothe flourishing of innovations that shape our world and improve the living also. No doubt Sports industry has grown now. Not only it provides entertainment but also a source of employment where millions of people are employed. Relationships of business built on Intellectual property rights will help to secure the economic value of sports.

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World Intellectual Property Day: History

Do you know that the WIPO is a specialised agency of the United Nations?

It is committed to develop a balanced and approachable international intellectual property (IP) system, which reward creativity, encourage innovation and contributes to economic development while safeguarding the public interest.

In 2000, WIPO's member states designated April 26, the day on which the WIPO Convention came into force in 1970. They want to minimise the gap between IP as a business or legal concept and its relevance to people's lives.

How World Intellectual Property Day is celebrated?

To promote World Intellectual Property Day every year, WIPO works together with several agencies of government, non-government organisations, community groups and individuals to organise events and activities.
- Stage concerts or various public performances focussed around the World IP Day theme.
- Essay competitions for young people on the theme of World IP Day.
- Seminars or free lectures in several universities are provided to build awareness about the IP and its benefits.
- To explain the link between innovation and intellectual property various exhibitions in museums, art galleries, schools and other educational institutions are organised on the World IP Day.
- On 26 April some local intellectual and copyright offices may have open to promote World IP Day.

Therefore, we can say that every year on 26 April World Intellectual Property Day is observed to spread the awareness about the role that intellectual property rights (patents, trademarks, industrial designs, copyright) play in encouraging innovation and creativity.

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Source: WIPO