MCQ Detailed View

World Intellectual Property Day is observed every year on 26 April. The day was established by the World Intellectual Property Organization (WIPO) in 2000 to raise awareness about the role that intellectual property (IP) rights play in encouraging innovation and creativity.

The date, April 26, was chosen because it marks the day on which the WIPO Convention came into force in 1970. This day highlights the importance of protecting ideas, inventions, artistic works, and trademarks that drive economic growth and cultural development worldwide.

Key Facts about World Intellectual Property Day:

• Date: Celebrated annually on 26 April


• Founded by: World Intellectual Property Organization (WIPO)


• Purpose: To promote awareness of copyrights, patents, trademarks, and designs


• First observed: In 2001


• Theme: Each year, WIPO sets a specific theme to highlight different aspects of IP (e.g., innovation, creativity, small businesses, green technologies)

Intellectual property protection helps innovators, businesses, and creators secure recognition and financial benefit from their inventions, ultimately fostering more creativity and development.