Innovation Current Affairs - 2020

April 26: World Intellectual Property Day

Every year, the World Intellectual Property Day is marked on April 26 to encourage creativity and innovation. The day was established by the World Intellectual Property Organization (WIPO) in 2000. This year, the World Intellectual Property Day is being marked under the theme

Theme: Innovate for Green Future

Significance

The day is marked to celebrate inventors and creators working towards green future. They work towards fossil fuel-based alternatives.

History

The world Intellectual Property Day was first proposed by the Chinese Delegation of WIPO. It was approved by the United Nations General Assembly in 1999.

World Intellectual Property Organization

The WIPO is one of the 15 United Nations Specialized agencies. It was created to protect and promote intellectual property. Around 26 intellectual treaties are administered by WIPO. The headquarters of WIPO is located in Geneva, Switzerland.

What are Specialized Agencies of United Nations?

The Specialized Agencies are autonomous organizations of the United Nations that were created on behalf of the organization. These specialized agencies are authorized to carry out functions on behalf of the United Nations. They include

  • Food and Agriculture Organization, FAO
  • International Civil Aviation Organization, ICAO
  • International Labour Organization, ILO
  • International Fund for Agricultural Development, IFAD
  • International Maritime Organization, IMO
  • International Telecommunication Union, ITU
  • UNESCO
  • World Bank
  • World Health Organization, WHO
  • World Meteorological Organization, WMO
  • World Tourism Organization, UNWTO
  • Universal Postal Union, UPU
  • United Nations Industrial Development Organization, UNIDO
  • World Intellectual Property Organization
  • International Monetary Fund

What is Intellectual Property?

The Intellectual Property are creations that are related to artistic works, literary works, symbols, images and names used in commerce.

April 21: World Creativity and Innovation Day

Every year on April 21, the World Creativity and Innovation Day is celebrated by the United Nations. The day creates awareness about the importance of innovation and creativity to achieve United Nations Sustainable Development Goals. They are also called the Global goals.

Highlights

Creativity and Innovation are the two main wealth of a country in the 21st century according to the Creative Economy Report published by United Nations Development Programme, UNESCO (United Nations Educational, Scientific and Cultural Organization) and UNOSSC (United Nations Office for South-South Cooperation).

At this moment, when COVID-19 has induced international lock down, it is important for major economic players to be creative to keep the global economy running.

Significance

The report says that creative industries and culture should be the major economic strategies of a country. These industries have a potential of generating 2.25 billion USD revenue worldwide. It is also capable of producing 29.5 million jobs world wide.