Intellectual Property (IP) refers to creations of the mind, including inventions, artistic works, designs and commercial symbols. Legal protection helps creators gain recognition and financial benefits while balancing public interests and encouraging innovation.
The main types are:
Patents: Protect inventions, giving owners control over their use in exchange for public disclosure of technical information.
Copyright: Protects literary, artistic and digital works, such as books, music, films and software.
Trademarks: Distinguish one business’s goods or services from another’s.
Industrial designs: Protect a product’s decorative appearance, including shapes, patterns and colours.
Geographical indications: Identify goods whose qualities or reputation are linked to their place of origin.
Trade secrets: Protect confidential commercial information against improper acquisition, use or disclosure.
WIPO (World Intellectual Property Organization) is a self-funding United Nations agency established in 1967. It promotes international cooperation and a balanced IP system that supports innovation and creativity for everyone’s benefit.
