- World Intellectual Property Day was observed on April 26, 2019 across the globe.
- Theme: The theme of World Intellectual Property Day 2019 was ‘Reach for Gold: IP and Sports.’ The theme takes a closer look inside the world of sports. It explores how innovation, creativity and the IP rights that encourage and protect them support the development of sport and its enjoyment around the world. The universal values sports encompass – excellence, respect and fair play – power their global appeal. Today, thanks to advances in broadcasting and communications technologies, anyone, anywhere, can follow sporting action around the clock, tracking the performances of their favorite athletes and teams without leaving home.
- Objective: The day is observed across the world to spread awareness about the role that intellectual property rights like patents, trademarks, industrial designs and copyright play in encouraging innovation and creativity.
- It aims to increase people’s awareness and understanding of the intellectual property. The main purpose of intellectual property law is to encourage the creation of a large variety of intellectual goods for consumers.
- What is Intellectual property: Intellectual property refers to creations of the mind, inventions, literary and artistic works, and symbols, names and images used in commercial activities.
- The National Intellectual Property Rights, IPR, Policy was adopted by the government in 2016. One of the key objectives of the policy is to spread awareness on the importance of Intellectual Property Rights.