Happy World IP Day

As we reflect on another year of intellectual property on World IP Day 2024, the Center for Innovation and Free Enterprise celebrates the crucial role of IP in fostering creativity, innovation, and economic growth.

Intellectual property rights provide the necessary framework for creators, inventors, and entrepreneurs to protect their ideas, inventions, and creative works, incentivizing further innovation and investment. As we embrace the digital age and navigate new frontiers of technology and creativity, safeguarding and promoting intellectual property rights is essential for nurturing a thriving global innovation ecosystem. Today, we reaffirm our commitment to championing innovation, creativity, and the principles of free enterprise, ensuring that intellectual property remains a cornerstone of progress and prosperity for generations to come.

This year’s theme IP and the SDGs: Building our common future with innovation and creativity focuses on achieving Sustainable Development Goals (SDGs) by rethinking how we live, work and play. The SDGs are a blueprint for people, peace, prosperity and our planet. Just as the challenges we face are multi-faceted and complex, the 17 SDGs are interdependent, with action in one area affecting outcomes in others. This is why development efforts must balance social, economic and environmental sustainability. The challenges we face are deep-seated and complex. We need to act now and we need to use all the tools available to us, especially our ingenuity and intellectual property to achieve a sustainable future for everyone, everywhere.