World Intellectual day/ special days

                               World Intellectual Day

                                              


Every April 26, we mark world Intellectual Property Day to learn more about the role that intellectual property rights play in encouraging innovation and creativity.  It's the day the United States Patent and Trademark Office (USPTO) sponsors a celebration of World Intellectual Property Day on Capitol Hill.  

Laws protecting creative intangible creative products give people and businesses property rights to the information and intellectual goods they create. 

Protecting intellectual property rights is difficult.  Unlike traditional property, intellectual property is indivisible-an unlimited number of people can "consume" an intellectual good without it being depleted.  While a landowner can surround their land with a robust fence and hire armed guards to protect it a producer of information or an intellectual good can usually do very little to stop their first buyer from replicating it and selling it at a lower price.

One of the most famous intellectual property disputes was in 2000 between the rock band Metallica and the music sharing website called Napster.

  • Every April 26 marks World Intellectual Property Day.
  • The day aims at learning more about the role that intellectual property  rights play in encouraging innovation and creativity.
  • The event was established by the World Intellectual Property Organization in 2000 to "raise awareness of how patents, copyright, trademarks, and designs impact on daily life".

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