World Intellectual Property Day: Comment from Manish Sinha, Founder and CTO, PatSeer

“As we commemorate International IP Day in 2024, it’s imperative to reflect on the transformative journey of Intellectual Property (IP) in tandem with technological evolution. Today, as the world becomes increasingly interconnected and innovation-driven, the significance of Intellectual Property Rights has never been more profound.

In the realm of innovation, where ideas shape industries and drive progress, IP serves as the cornerstone of protection and encouragement. At PatSeer, we witness firsthand the symbiotic relationship between technological advancement and the need for robust IP frameworks. As the global landscape of creativity expands, so does the imperative for comprehensive IP strategies.

 Under the theme ‘IP and the SDGs: Building Our Common Future with Innovation and Creativity,’ we’re reminded of the pivotal role IP plays in fostering sustainable development. From green energy solutions to life-saving medical innovations, IP laws provide the necessary framework for incentivizing and safeguarding investments being done and enabling innovators to undertake groundbreaking endeavors in these sectors.

On this International IP Day, let us reaffirm our commitment to nurturing a vibrant ecosystem of innovation and creativity. Together, let us harness the power of IP to shape a more equitable, sustainable, and prosperous world for generations to come.”