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Do SMEs need an Intellectual Property Policy?

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The World Intellectual Property Organization (WIPO) has taken proactive steps to organize numerous events to empower Small and Medium-Sized Enterprises (SMEs) to gain a competitive edge through Intellectual Property and innovation. Despite their essential role in the development sector, SMEs encounter challenges that occasionally affect prioritization of IP protection. In today’s knowledge-based and creative economies, Intellectual Property and innovation-driven growth have […]

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This is how businesses can benefit from Intellectual Property Protection.

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The WIPO has defined intellectual property (IP) to refer to creations of the mind such as literary and artistic works, inventions, designs. Intellectual Property rights on the other hand broadly mean the legal rights which result from intellectual activity in the industrial, scientific, literary and artistic fields. Securing intellectual protection not only grants the holder of the IP rights to control the exploitation of

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Why Businesses and Institutions Need An Intellectual Property Policy

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It is not uncommon for most businesses to include an Intellectual Property (IP) clause in their contracts of employment. Whereas, having an IP Clause in such documents could be a good start towards determining IP ownership for your business, its effect would be better achieved through a concrete and exhaustive IP policy.  There is a

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What is the connection between Intellectual Property and Climate Change?

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The relationship between intellectual property (IP) and climate change is complex because of the opportunities and challenges that intellectual property rights present in developing and disseminating green technologies. Intellectual property refers to creations of the mind and proffers rights to creators and inventors for their works and inventions that might be relevant in addressing climate

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How to maximize intellectual property as a digital Entrepreneur.

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Intellectual Property rights are critical for economic growth, especially in digital and knowledge economies. IP is particularly relevant to online entrepreneurs whose businesses exist in the global village that is not limited by borders and often are subject to laws of various jurisdictions, creating high risks of infringement. Protecting your intellectual property assets is essential

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What Common Intellectual Property Mistakes Should Businesses Avoid?

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Mistakes and misconceptions about IP can be detrimental to the value of your IP assets and business growth in general. From misconceptions about idea protection to the dangers of late applications, business owners frequently encounter IP challenges that carry substantial financial implications. Avoiding these common IP mistakes will strategically position your business for maximum benefit

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