World Intellectual Property Day is observed annually on April 26 around the globe. The day aims to raise awareness about the importance of intellectual property (IP) rights and their role in encouraging innovation and creativity. It's a day designated by the World Intellectual Property Organization (WIPO) to highlight the significance of IP in fostering economic growth, technological innovation, and cultural development. World Intellectual Property Day is WIPO’s largest intellectual property (IP) public outreach campaign. As per historical records, April 26 was chosen as the date for World Intellectual Property Day because it coincides with the date the Convention Establishing the World Intellectual Property Organization entered into force in 1970. Apple IP Rights: Tech Giant Wants To Gain Intellectual Property Rights Over Depictions of Apples.

World Intellectual Property Day 2024 Date and Theme

World Intellectual Property Day 2024 will be observed on Friday, April 26. According to the World Intellectual Property Organization (WIPO), the theme of World Intellectual Property Day 2024 is "IP and the SDGs: Building our common future with innovation and creativity."

World Intellectual Property Day History

World Intellectual Property Day was established by the World Intellectual Property Organization (WIPO) in 2000 to raise awareness of how patents, copyright, trademarks and designs impact on daily life. During the 33rd Session of the Assemblies of the Member States of WIPO in September 1988, the Director General of the National Algerian Institute for Industrial Property (INAPI) suggested that an International Intellectual Property Day be instituted. In a subsequent letter to the WIPO Director General dated April 7, 1999, Amor Bouhnik, Director General of INAPI, said that the aim of the day would be to set up a framework for broader mobilization and awareness. India Working with UK on Intellectual Property Rights, Modernisation: Piyush Goyal.

In October 1999, at its 26th session, the General Assembly of WIPO approved the idea of declaring a particular day as World Intellectual Property Day. Engagement by WIPO’s member states in World Intellectual Property Day has risen since its inception in 2000.

World Intellectual Property Day Significance

World Intellectual Property Day aims to celebrate creativity, and the contribution made by creators and innovators to the development of economies across the world. Every year, a variety of events are organised to celebrate inventors and creators and promote an understanding of the intellectual property system and its associated rights.

(The above story first appeared on LatestLY on Apr 25, 2024 03:07 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).