RELANCE ÉCONOMIQUE POST COVID 19 PAR LA PROPRIÉTÉ INTELLECTUELLE

Covid-19 has disrupted almost every system around the world. Economic recession in particular, has been the effect of its principal corollaries. The African economy, regardless of its fragile state has been hit hard. As we talk on reviving economies, let us consider the role intellectual property can play in this movement.
Intellectual property (IP) is a mechanism which can effectively contribute to the recovery of the African economy, thanks to the competitiveness and technological innovations that this system promotes.
The promotion of innovation by intellectual property through its encouragement of creativity, identification of intellectual property assets, protection and maintenance of rights is one of the ways in which intellectual property can be in used in economic recovery. With intellectual property providing a safe space for innovators to thrive, it encourages more technological innovations which will in turn have a positive impact on the economy.
With intellectual property there exist endless creative opportunities. This is made possible through the transfer of technology and knowhow from one organization to another.
Intellectual property can be used as a tool for economic growth through the assessment of IP risks; licensing agreements; joint venture / IP assignment.
Through the defense of IP rights intellectual property encourages competitiveness amongst companies, leading to the creation of top quality products and services, cooperation among companies so as to acquire new markets.
Cabinet T&F is here to provide IP counseling and assistance; training and awareness on good IP practices; IP popularization, as our contribution in the movement for Africa economic recovery.