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ARTICLE · 28 APRIL 2021

Intellectual Property - A Story Of Two SMEs

Every year, since the year 2000, World Intellectual Property Day is celebrated on April 26.

GlobalIntellectual Property

Every year, since the year 2000, World Intellectual Property Day is celebrated on April 26. Every year, the World Intellectual Property Organization chooses a theme for this celebration. In 2021, the chosen theme was the importance of intellectual property (IP) for small and medium-sized enterprises (SMEs), when they bring their ideas to the market.

IP is not necessarily decisive in the success of an SME. It is possible for an SME to have business success without protecting its products, and it is also possible for an SME to protect its products and not have business success. However, when an SME introduces a product to the market, its behaviour in relation to IP can be decisive.

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