World Intellectual Property Day being marked today

KATHMANDU: World Intellectual Property Day is being observed in countries around the world with a focus on innovation and creativity. The day has been celebrated annually on April 26 since 2000, following its initiation by the World Intellectual Property Organisation (WIPO).

WIPO, a specialised agency of the United Nations, coordinates international collaboration on global intellectual heritage services, including policymaking and the exchange of related information. The organisation assists governments, stakeholders and creators in efforts to conserve and manage intellectual heritage, with a continued emphasis on fostering innovation and creativity worldwide.

Copyrights, patents, trademarks and industrial designs are recognised as forms of intellectual heritage.

Experts say the conservation of intellectual property has become increasingly challenging in the digital era. They warn that unauthorised use, duplication and digital theft must be tackled through effective laws, proper implementation and increased public awareness.

In Nepal, concerned stakeholders have highlighted the need for legal and policy reforms related to intellectual properties.

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