Enforcement of IP Rights
Written by Husna Bano on 16 April 2007« Return to Reading Room
The exploitation of the IP system as an important and powerful tool for wealth creation and poverty reduction is at the centre of the vision and strategy of WIPO.
Modern legislation and effective administrative infrastructures for the acquisition of IP rights are important steps towards IP protection. But the acquisition of IP rights is of little economic value if these rights cannot be enforced effectively. The credibility of the IP system depends to a considerable extent on the enforceability of IP rights conferred thereby. Well-functioning IP enforcement mechanisms are the best means to limit the number of violations of IP rights and to ensure that right holders and the society as a whole can reap the benefits from the IP system.
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