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World IP Day highlights the need for protection of ideas

Intellectual property refers to the thought behind any innovation and creation. Patents, trademarks and copyrights protect the rights of inventors and assure them that their unique products will be safeguarded under the Intellectual Property Rights Act of 2008.

The same applies to potential inventors who are associated with, or emerge from, the Southern Gauteng Science and Technology Park (SGSTP).

World Intellectual Property Day is thus scheduled to be celebrated at the Science Park on 18 May. The aim of the event is to highlight the importance of the protection of intellectual property emanating from any research or the production of a final product that might be ready for commercialisation.

According to the organisers of World Intellectual Property Day, this year will explore how innovation is making lives healthier, safer and more comfortable while turning problems into progress. Individuals are encouraged to note how the intellectual property system supports innovation by attracting investment, rewarding creators and encouraging them to develop their ideas. Most importantly it ensures that their new knowledge is conserved and made available only through the correct channels so that tomorrow's innovators can build on today's new technology.

A host of established inventors, members of the media, new inventors as well as a delegation from the National Intellectual Property Management Office (NIPMO) will be present at the function.