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Intellectual property rights provide a lifeline to SMEs

THE STANDARD OPINION The World Intellectual Property Organisation (Wipo) recognises April and May as Intellectual Property (IP) months with the aim of increasing the general understanding of IP. More specifically, in 2000, Wipo member states designated April 26 as the World IP day in commemoration of the day the Wipo Convention entered into force in 1970. The convention was signed in 1967. Every year, a theme is set for the day and there was no better theme for this year than ‘IP and SMEs: Taking your ideas to market’. What a spot-on theme when Covid-19 is wreaking havoc in the lives and businesses of individuals on an unprecedented scale.

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