The New Zealand Institute
of Patent Attorneys, Inc

News

Media Release 26 April 2018


World IP Day an opportunity to focus on supporting innovation

The New Zealand Institute of Patent Attorneys (NZIPA) is calling for a national intellectual property strategy that would see greater collaboration between government agencies working around innovation and the nation’s intellectual property advisors.

NZIPA President Penny Catley said that World IP Day (April 26) is a celebration of the role of intellectual property rights such as patents and trade marks in our economy – and also provides a timely opportunity to focus thought on how we might “lift the game” for NZ Inc. by developing a coherent framework around intellectual property.


“The economic success of our country depends on innovation,” says Ms Catley. “Intellectual property rights encourage and protect that innovation – they’re the lifeblood of a creative nation. As a country, we have to start focusing on our innovators and creators, acting in their best interests.”


Ms Catley said that a good starting point would be to improve the collection of industry data on the contribution of intellectual property to the New Zealand economy. Such data would enable (i) an assessment of the effectiveness of Government funding available for intellectual property protection, (ii) targeted investment in intellectual property education, and (iii) the development of coherent policy and legislation around intellectual property.


“Right now the many entities engaged around intellectual property are just not sufficiently joined up and valuable industry data is not being disseminated. That is to the detriment of our innovators and ultimately our economy.”


World IP Day is celebrated every year on 26 April and is marked by events that recognise the value of intellectual property. This year’s theme is “Powering change: Women in innovation and creativity.” NZIPA, the Intellectual Property Office of New Zealand (IPONZ), and the Intellectual Property Society of Australia and New Zealand (IPSANZ) are jointly hosting a special panel event celebrating the brilliance, ingenuity, curiosity and courage of the women who are driving change in our world and shaping our common future. 

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