WORLD INTELLECTUAL PROPERTY DAY (Syllabus: GS Paper 3 – Sci and Tech)

News-CRUX-10     26th April 2024        

Context: The Council of Scientific & Industrial Research - National Institute of Science Communication and Policy Research (CSIR-NIScPR) organized a national workshop and celebrated World Intellectual Property Day.

World Intellectual Property Day

  • About: It is observed annually on 26 April.
  • Established by: World Intellectual Property Organization (WIPO) in 2000.
  • Purpose: It aims to "raise awareness of how patents, copyright, trademarks and designs impact on daily life" and "to celebrate creativity, and the contribution made by creators and innovators to the development of economies and societies across the globe".
  • Outreach Campaign: World Intellectual Property Day is WIPO’s largest intellectual property (IP) public outreach campaign.

Intellectual Property

  • About: It refers to creations of the mind, such as inventions; literary and artistic works; designs; and symbols, names and images used in commerce.
  • IP is protected in by: a Law, for example, patents, copyright and trademarks, GI tag etc., which enable people to earn recognition or financial benefit from what they invent or create.
  • Aim: To foster an environment in which creativity and innovation can flourish.
  • World intellectual property organization (WIPO): It is the global forum for intellectual property (IP) services, policy, information and cooperation.
  • In India: Department of Industrial Policy & Promotion (DIPP), Ministry of Commerce and Industry is the apex body regulating IPR.

o IPR regime of India is in compliance with the WTO’s agreement on Trade-Related Aspects of Intellectual Property Rights (TRIPS).