Uganda, April 26 -- World Intellectual Property Day, commemorated annually on April 26th, serves as a global event to celebrate the role of intellectual property (IP) in fostering innovation and creativity. In 2024, the theme "IP and the SDGs: Building our common future with innovation and creativity" underscores the crucial link between intellectual property rights and the achievement of the Sustainable Development Goals (SDGs).

Intellectual property rights play a pivotal role in advancing several SDGs by incentivizing innovation, promoting technology transfer, and fostering creative industries.

Goal 1: No poverty. Intellectual property rights incentivize innovation and entrepreneurship, creating opportunities for economic empowerment ...