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Intellectual property vital for firms: experts

The Intellectual Property Office of Vietnam has implemented measures to encourage research, innovation and application of creative achievements in science and technology into life and production in response to World Intellectual Property Day 2020 (April 26).
Intellectual property vital for firms: experts ảnh 1Illustrative image (Photo: Internet)
Hanoi (VNS/VNA) - The Intellectual Property Office of Vietnam hasimplemented measures to encourage research, innovation and application ofcreative achievements in science and technology into life and production inresponse to World Intellectual Property Day 2020 (April 26).

Theoffice has supported several effective programmes and projects, such as theprogramme on intellectual property development, which has protected 118 keyagricultural products of localities and supported 600 businessesin terms of intellectual property.

Theprogramme has also supported the protection and application of inventionpractices for 51 technical solutions.

Inaddition, the network project for innovation and technology support centres haspromoted intellectual property activities and technology transfer inuniversities and research institutes.

Nearly 60research institutes and universities nationwide have registered to participatein the network.

Innovationsand inventions have appeared in many industries, fields and localities.However, there are still some units, businesses and people who are not fullyaware of sustainable development, so innovations mostly focus on economicgrowth without considering environmental factors.

Theoffice said that start-up groups only focused on forming businesses and seekinginvestment but have not thought about registering intellectual property rights.

Data fromthe office showed that 80 percent of start-ups do not understand theimportance of intellectual property.

Vu ThiThuan, chairwoman of the board of directors of Traphaco Joint Stock Company,said in the pharmaceutical field, there were many creative values that neededto be protected.

However,the current understanding of intellectual property protection in Vietnam wasincomplete, leading to lots of intellectually property theft, she said.

Todevelop sustainably and integrate, businesses themselves must firstrespect intellectual property rights, she added.

Do ThienHoang, a representative from the Intellectual Property Office, said to solvethis problem, it was necessary to complete the law on intellectual property foremerging objects and strengthening international co-operation.

For intellectualproperty rights management and enforcement agencies, it is necessary toimprove the capacity of applying new technologies for management andprocessing, focusing on human resources training.

Forbusinesses, there should be guidance on implementing intellectual propertyrights, raising awareness about intellectual property.

Manyexperts said that in the age of technology, inventors need toregister intellectual property for their products as quickly as possible.

Theoffice and the authorities have been focusing on perfecting systems of intellectualproperty regulations./.
VNA

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