IP rights create an environment that promotes innovation
IP rights support vital work of innovators
Innovators embarking on the road to groundbreaking discovery take on an enormous amount of risk and often spend years researching, carrying out trials and working tirelessly to bring about innovative change. IP rights ensure that the hard and risky work that innovators undertake every day is recognized, rewarded and protected.
IP rights encourage and facilitate important knowledge sharing
By ensuring that innovative ideas are protected and that the copying of an invention is illegal, IP rights enable innovators to freely share their groundbreaking products and processes with others without fear of having their breakthrough discoveries stolen. By encouraging knowledge sharing, IP rights promote the flow of information.