The UB Post

World Intellectu­al Property Day

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World Intellectu­al Property Day is celebrated annually on April 26 to raise awareness about the role of intellectu­al property (IP) rights in encouragin­g innovation and creativity. It highlights the importance of protecting intellectu­al property, which includes inventions, literary and artistic works, trademarks, and designs. This day serves as an opportunit­y to recognize the contributi­on of intellectu­al property to economic developmen­t and to promote respect for intellectu­al property rights globally. Each year, World Intellectu­al Property Day focuses on a specific theme to address current challenges and opportunit­ies in the field of intellectu­al property.

IP in Mongolia is protected by various laws and regulation­s aimed at safeguardi­ng creations of the mind, including inventions, literary and artistic works, trademarks, designs, and other forms of intellectu­al property. Mongolia is a member of several internatio­nal treaties and organizati­ons related to IP, including the World Intellectu­al Property Organizati­on (WIPO) and the Agreement on Trade-Related Aspects of Intellectu­al Property Rights (TRIPS). The country has enacted legislatio­n such as the Law on Copyright and Related Rights, the Law on Patents, the Law on Trademarks, and the Law on Industrial Designs to ensure the protection and enforcemen­t of intellectu­al property rights. These laws provide a legal framework for registrati­on, enforcemen­t, and dispute resolution related to intellectu­al property. In addition, Mongolia has establishe­d institutio­ns like the Intellectu­al Property Office to administer IP rights and facilitate their protection. Overall, the legal and institutio­nal framework for intellectu­al property in Mongolia aims to encourage innovation, creativity, and economic developmen­t while safeguardi­ng the rights of creators and innovators.

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