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April 26, 2018

IPI Celebrates World IP Day 2018, Launches Open Letter to WIPO

  Institute for Policy Innovation

FOR IMMEDIATE RELEASE: Thursday, April 26, 2018

CONTACT: Erin Humiston, (972) 874-5139, or erin@ipi.org

 

DALLAS – The Institute for Policy Innovation, in partnership with Property Rights Alliance, is proud to stand with content creators and rights holders around the world to fight for stronger, more effective intellectual property rights. This year IPI is especially proud to stand with women inventors and entrepreneurs, as stronger intellectual property rights helps incentivize greater participation of women in IP fields. On IP day IPI will launch an open letter signed by an international coalition of think tanks and associations addressed to the World Intellectual Property Organization’s Director General Dr. Francis Gurry.

As noted by the letter:

“This year’s theme, Powering change: Women in innovation and creativity, is particularly relevant to our organizations. Intellectual property has played an important role throughout history in advancing the rights and liberties of women worldwide. We remain committed to supporting women in innovation—as all of humanity benefits from the incredible discoveries that flow from strong IP rights.”

Throughout the day, IPI will be engaging in a social media campaign to promote the importance of protecting intellectual property rights and its benefits.

“Economic growth begins with ideas, innovation and creativity,” said IPI president Tom Giovanetti. “Since the signing of the Constitution, the U.S. has protected the fruits of creativity and innovation through intellectual property protection, primarily expressed as patents, trademarks, copyright and trade secrets.”

IP-intensive industries are a driver of the global economy, and their rights must not be taken for granted. IP-intensive firms account for 38% of GDP and 45.5 million jobs in the United States, as well as 42% of GDP and 82 million jobs in the European Union.

“IPI believes that creators have the right to own and control the fruits of their creativity, and that the IP system has done an admirable job of not only incentivizing innovation, but also making creative products and services available to the public and transferring technology to the developing world,” said Giovanetti.

Throughout the day, IPI will be promoting the benefits of strong intellectual property rights on social media, as well as the important role played by women in the world of IP. 

In honor of World IP Day, IPI joins WIPO in this annual day of celebration, noting, "World IP Day is an opportunity to celebrate that which is uniquely human: constant innovation, reinvention, and curiosity."

 

 The Institute for Policy Innovation (IPI) is an independent, nonprofit public policy organization based in Dallas. IPI experts are available for interview by contacting Erin Humiston at (972) 874-5139, or erin@ipi.org.

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