Today, the Assemblies of Member States of the World Intellectual Property Organization (WIPO) began its session at WIPO headquarters. It is one of the most important international events in the field of intellectual property.
Representatives of national patent offices, international organizations, and the professional community are discussing the results of the past year’s work and a wide range of issues related to the development of the global IP system, international cooperation, digital transformation, the improvement of WIPO services, and support for innovation.
Delegations from the Eurasian Patent Office and member states of the Eurasian Patent Organization are taking part in the Assemblies.
During the plenary session, WIPO Director General Daren Tang noted that the IP system is undergoing a profound transformation driven by fundamental changes in the global economy and technological development.
IP is coming to the forefront of the global economy and becoming one of the key drivers of innovation: last year, investment in intangible assets grew nearly three times faster than investment in tangible assets, exceeding 10 trillion U.S. dollars.
Speaking about the future, Daren Tang emphasized that WIPO’s mission is not only to respond to ongoing changes but also to shape the future of the IP system. He outlined four program priorities for the next six-year term:
The full text of Daren Tang’s speech is available here.