Intellectual Property - Protecting & Promoting Creativity And Innovation For A Viable Future

Since the beginning of time, art and design have been used by cultures worldwide to document histories, practices, and innovations. As time has evolved, art and design cannot be seen only as identifying elements of cultures, but also as an "engine" of socioeconomic development given their commercial relevance.

The World Intellectual Property Organization (WIPO) explains that the "creativity, skill and talent of literary and artistic creators is also their main means of creating wealth and jobs. By compensating and rewarding creators' effort and creativity, copyright acts as an incentive to continue to create new work. By striking the right balance between the interests of creators and the wider public interest, copyright law aims to foster an environment in which creativity and innovation can flourish."