Happy World IP Day! World IP Day was created 21 years ago and is celebrated on April 26th each year. It is a day to raise awareness of IP (Intellectual Property, which includes trademarks, copyright, trade secrets and patents) and how IP impacts daily life. Each year, the World Intellectual Property Organization (WIPO) chooses a new theme. This year, WIPO’s theme is “IP and SMEs: Taking your Ideas to Market” which highlights how Intellectual Property helps small and medium-sized enterprises (SMEs) grow and thrive.
In a video message from WIPO’s Director General Daren Tang, he describes small and medium-sized enterprises as “unsung heroes” noting that SMEs make up 90% of all companies worldwide and 70% of global employment. A link to his message and the WIPO page on World IP Day is found at https://www.wipo.int/ip-outreach/en/ipday/.
Intellectual property is extremely valuable to SMEs to assist in their value and growth. As IP attorneys, we work with SME’s on a day in day out basis to provide our clients with the guidance and knowledge to identify, build upon and protect their valuable intangible IP assets.