April 26 is World Intellectual Property Day! Let’s celebrate the role that intellectual property rights (patents, trademarks, industrial designs, & copyright) play in encouraging innovation and creativity. Innovation and creativity makes our lives healthier, safer, more comfortable and more fun, turning problems into progress. Intellectual property systems support innovation by attracting investment, rewarding creators, and encouraging creators to develop their ideas.
What is Intellectual Property?
Intellectual property (IP) refers to creations of the mind, such as inventions; literary and artistic works; designs; and symbols, brand names and images used in commerce. IP is protected in law by, for example, patents, copyright and trademarks, which enable people to earn recognition or financial benefit from what they invent or create. [Text is from the WIPO (World Intellectual Property Organization) website http://www.wipo.int/ip-outreach/en/ipday/ and http://www.wipo.int/about-ip/en/]
I’m celebrating today!
Vanessa Kaster, Esq., LL.M.