Protection of intellectual property rights enhances originality and creativity in various fields within an economy.
RDB (Rwanda Development Board) has launched a campaign aimed at increasing awareness on the importance of registering IP and its benefits.
This campaign will last for one month under a theme; ‘The Meaning of Intellectual Property in your daily Life’
According to RDB, this campaign targets young innovators, students, the business community and academicians.
IP refers to a category of property that includes intangible creations of the human intellect. It encompasses two types of rights: industrial property rights and copyright.
Registrar General, Richard Kayibanda, says, “the increasing significance of intangible assets in the global economy is forcing Rwandan businesses to actively manage their intellectual property as a key driver for building and sustaining their competitive advantage and achieving superior performance.”
“IP is the fuel that powers the engine of prosperity by fostering invention, innovation and creativity. We need to keep informing the same actors on the benefits of registering their intellectual properties since many are not aware.”
The Rwandan law protects Intellectual Property through provision of Law no. 31 of 26/10/2009 which enables people to earn recognition or financial benefit from what they invent or create.
RDB has planned to hold 26 road shows and ten workshops in Musanze, Gicumbi, Nyagatare, Kayonza, Muhanga, Huye, Rusizi, Rubavu, Nyarugenge, Kicukiro and Gasabo districts.