CURRENT AFFAIRS

Detailed explanation-1: -The theme of this year’s campaign is “Reach for Gold: IP and Sports.” Sports are not necessarily something that you would immediately associate with intellectual property.

Detailed explanation-2: -The theme of World Intellectual Property Day 2022 is ‘IP and Youth Innovating for a Better Future’. Events organized to mark the Day seek to inform about the role of intellectual property rights in encouraging innovation and creativity.

Detailed explanation-3: -April 26 was chosen as the date for World Intellectual Property Day because it coincides with the date on which the Convention Establishing the World Intellectual Property Organization entered into force in 1970. World Intellectual Property Day is WIPO’s largest intellectual property (IP) public outreach campaign.

Detailed explanation-4: -WIPO is a self-funded agency of the United Nations. With 192 members, WIPO’s motto is to encourage creative activity, to promote the protection of intellectual property throughout the world.

Detailed explanation-5: -WIPO is the global forum for intellectual property services, policy, information and cooperation. It was founded in 1967 and became a specialized agency of the United Nations in 1974. There are four main elements of WIPO’s work. WIPO helps to develop and implement international law on intellectual property.