April 26: World Intellectual Property Day
What is World Intellectual Property Day
It is a day dedicated to promoting the importance of intellectual property as an essential tool for protecting one’s ideas, inventions and innovations in markets around the world.
Intellectual property promotes the creativity and revolutionary choices we need to drive human progress and achieve sustainable development goals with the aim of making our planet a better place.
It also provides an opportunity to reflect on the challenges and opportunities related to protecting intellectual property in the digital age, where information sharing and dissemination is happening rapidly and on a global scale.
It is celebrated on April 26 each year, and is promoted by the World Intellectual Property Organization (WIPO), a specialized agency of the United Nations.
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Why it is important for SMEs
SMEs often depend heavily on innovation and creativity to compete in the marketplace. Intellectual Property offers them legal protection for creations such as innovative products, services, trademarks, designs and processes, ensuring that others cannot exploit them without permission.
A strong Intellectual Property portfolio can help SMEs stand out from the competition, creating a competitive advantage. Registered trademarks, unique designs, and patented innovations can help build a reputation for quality and originality for the firm.
Finally, SMEs with patents or other Intellectual Property assetsbe considered more attractive in the eyes of investors and lenders.
Radoff’s intellectual property: a patented and certified technology
In conclusion, effective management of intellectual property can have a significant impact on business success and sustainability by enabling you to protect, enhance, and fully exploit your creative and innovative resources.
Radoff strongly believes in the values of innovation and has always faced obstacles as stimulating challenges to continuously grow and evolve.
To date, Radoff owns a patented calibrated and INMRI-ENEA certified radon sensor and holds 30 patents issued in different countries globally.