There is an ongoing pursuit to protect Intellectual Property Rights (IPR), because it contributes enormously to countries’ national economies. Dozens of industries across countries’ economies rely on the adequate enforcement of their patents, trademarks, and copyrights, while consumers use IP to ensure they are purchasing safe, guaranteed products.
The protection of Intellectual Property Rights (IPR) is important for the economy and for its further growth in areas such as research, innovation and employment. Effective IPR enforcement is also essential to health and safety. Particularly, IPR creates and supports high-paying jobs, drives economic growth and competitiveness, protects consumers and families, helps generate breakthrough solutions to global challenges, encourages innovation and rewards entrepreneurs. For these reasons, IP rights are worth protecting, both domestically and internationally.
