by Don Groves — 26.4.2021
Every April 26, The World Intellectual Property Organisation (WIPO) – a global forum for IP information and cooperation – celebrates World Intellectual Property Day to highlight the role that intellectual property (IP) rights play in encouraging innovation and creativity.
This year the event will spotlight the critical role of the millions of small and medium-sized enterprises (SMEs) as they use IP rights to build stronger, more competitive and resilient businesses while global economies recover from the pandemic.
SMEs make up around 90% of the world’s businesses, employ around 50% of the global workforce and generate up to 40% of the national income in many emerging economies, according to WIPO.
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