Global Economic Organizations Questions
The role of the World Intellectual Property Organization (WIPO) in protecting intellectual property rights is to promote and protect intellectual property (IP) across the globe. WIPO works towards developing a balanced and effective international IP system, which encourages innovation and creativity while ensuring that creators and innovators are rewarded for their efforts. WIPO provides a platform for member countries to cooperate and develop international IP laws and treaties. It also offers services such as registration and administration of IP rights, dispute resolution, and capacity-building programs to help countries strengthen their IP systems. WIPO plays a crucial role in raising awareness about the importance of IP rights and their contribution to economic and social development.