Dictionary of International Trade
The World Intellectual Property Organization is specialized agency of the United Nations system that seeks to promote international cooperation in the protection of intellectual property rights around the world through cooperation among states. WIPO administers the International Union for the Protection of Industrial Property (known as
Paris Convention.
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What Does World Intellectual Property Organization (WIPO) Mean?
The World Intellectual Property Organization (WIPO) is a United Nations (U.N.) agency charged with protecting intellectual property (IP) through an international system that promotes and sustains creativity and innovation and helps develop international economies.
WIPO is dedicated to protecting IP by working with worldwide organizations. It enlists the cooperation of member states through the nine foundational goals of its Strategic Plan. Strategies adopted by member states and organizations include:
- Developing a global IP infrastructure
- Building international respect for IP
- Supporting structures used to facilitate financial and administrative functions
- Implementing global policy issues related to IP
Other strategic goals outlined at the WIPO website are designed to facilitate the Strategic Plan of WIPO.
Techopedia Explains World Intellectual Property Organization (WIPO)
WIPO was established in 1967 in accordance with a mandate issued by the U.N. Primarily developed to focus on the preservation and meaningful use of IP, WIPO enlists the cooperation of member states and U.N. organizations to foster economic development and other activities. Since 1967, organizations and member states have integrated and implemented goals related to the to enlist a Strategic Plan for WIPO to be released on or after 2015.
The International Bureau of WIPO in Geneva, Switzerland employs staff from more than 90 countries. WIPO employees include IP law and IT experts and public policy and economy specialists that are aligned with job duties that promote IP usage for strong economic development between U.N. member states. The International Bureau's divisions are responsible for arranging member state meetings, ensuring proper implementation of WIPO standards, developing and implementing WIPO programs and providing IP expertise to achieve WIPO strategies.
What is the full form of WIPO
WIPO stands for World Intellectual Property Organization. It is one of the oldest specialized agencies of the United Nations for intellectual property services. It is a self-funding agency of the United Nations with 191 member states. It aims to develop a balanced and effective international intellectual property (IP) system to promote creativity and innovation for the benefit of people. Intellectual property refers to the creation of mind such as symbols, images, trademarks, names, inventions, literary and artistic work and more.
WIPO is the oldest organization in the field of IP protection. The mandate, governing bodies and procedures of WIPO are set out in the WIPO Convention which established WIPO in 1967. The direction, budget and activities of the organization are determined by the member states through the decision making bodies. At present, it performs a number of tasks related to the protection of IP rights such as:
- Assist the campaign development to improve IP protection all over the world
- Harmonize the nationals legislations in the field of IP protection
- Sign international agreements related to IP protection
- Render technical and legal assistance in the field of IP
- Conduct researches and publish their results
- Coordinate the international treaties related to intellectual property rights
- Administer treaties in the field of copyright, industrial property and related rights
- w2Assist the settlement of disputes on intellectual properties
WIPO is headquartered in Geneva, Switzerland. At present, it has more than 190 member states which comprise over 90% of the countries of the world. The member countries participate in WIPO to negotiate treaties, set policies on intellectual properties like patents, copyrights, and trademarks. At present, it is administering around 26 IP related treaties.
WIPO also presents awards to the exceptional creators and innovators based on the nominations submitted by the national intellectual offices of WIPO member states. By presenting awards, WIPO encourages a culture in which creativity and innovation are encouraged and appreciated at every level of society.
India is also an active member of WIPO. In cooperation with the Council of Scientific and Industrial Research (CSIR) in New Delhi, India, WIPO organized the International Conference on the Utilization of the Traditional Knowledge Digital Library as a Model to protect the Traditional knowledge.
WIPO Academy:2>
It is the core body in WIPO which takes care of the training and human capacity-building activities especially for the developing and least-developed countries (LCDs). Its training activities are designed to expand the range of training opportunities at the national, regional and international levels. The academy offers a wide range of general and specialized courses on IP for the different target audiences like creators and inventors, IP professionals and business managers, policy makers and diplomats and more.