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intellectual property right in summary,is a very important regulations which enable the inventors of new innovations or aunthors of different materials to enjoy the fruit of their own sweat in coming up with the innovations,

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Q: How important is intellectual property to the world economy?
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When was World Intellectual Property Organization created?

World Intellectual Property Organization was created on 1967-07-14.


Where are the World Intellectual Property Organization based?

The World Intellectual Property Organization (Who patent and trademark intellectual property) are based at: Suite 2525 2 United Nations Plaza New York N.Y.10017


What kind of property is a copyright considered?

Copyright falls under the category of Intellectual property.A copyright is considered intangible personal property. See related question link.


Where is the headquarters of the world intellectual property organization?

Like many agencies of the United Nations, the World Intellectual Property Organization is based in Geneva, Switzerland.


What are the intellectual property rights in world cup trophy?

Manchester united


What are the intellectual property rights in Japan?

Japan is a signatory to all major World Intellectual Property Organization treaties; specifics are available at the WIPO website, linked below.


How does protecting creativity promote national development?

As the world economy becomes increasingly reliant on knowledge and information rather than "things," the ability to monetize this intellectual property is vital to international trade.


What is the full form of WIPO?

WIPO stands for WORLD INTELLECTUAL PROPERTY ORGANIZATION


What are the objectives of TRIPS?

The World Trade Organization's Agreement on Trade Related Aspects of Intellectual Property Rights (TRIPS) designated minimum protection requirements for various types of intellectual property, the majority of which are based on the Berne Convention for the Protection of Literary and Artistic Works and the Paris Convention for the Protection of Industrial Property.The goal of TRIPS was to ease international trade as the economy became increasingly knowledge-based. As WTO states......as intellectual property became more important in trade, these differences [in protection and enforcement] became a source of tension in international economic relations. New internationally-agreed trade rules for intellectual property rights were seen as a way to introduce more order and predictability, and for disputes to be settled more systematically.


How can intellectual property be used as a tool for development by African countries?

Intellectual property can be used as a tool for development by African countries in several ways. First, protecting and commercializing their own intellectual property can help African countries generate revenue and attract foreign investment. Second, utilizing intellectual property rights can foster innovation and creativity, leading to the development of new technologies, industries, and solutions that address local challenges. Lastly, leveraging intellectual property can enhance international trade relations and increase the competitiveness of African countries in the global market.


What is the impact of vigorous enforcement of intellectual property rights on the world economy?

It depends who you ask. On the surface, intellectual property makes a massive contribution to the economy, particularly as internationally trade becomes increasingly knowledge-based. There are those, however, who assert that vigorous enforcement enables only large corporations, and prevents smaller players from entering the marketplace. For a well researched (but potentially one-sided) discussion of this, see the Public Knowledge TPP presentation linked below.


Who administers the Agreement on Trade Related Aspects of Intellectual Property Rights?

The World Trade Organization.