Islamabad, A seminar on Intellectual Property Rights (IPRs) was jointly hosted by the National University of Science and Technology (NUST) and the Intellectual Property Organization of Pakistan (IPO-Pakistan) in Islamabad, underscoring the critical role of IPRs in promoting innovation, business development, and empowerment. The event aimed to shed light on the essential functions of intellectual property rights in the contemporary landscape of innovation and commerce.

According to Ministry of Information and Broadcasting, Chairman IPO-Pakistan, Farukh Amil, addressed the gathering, emphasizing the dual significance of IPRs in both protecting innovations from infringement and enabling innovators to monetize their creations effectively. Amil’s insights into the strategic use of intellectual property assets offered valuable guidance for creators looking to navigate the complexities of local and global markets.

Farukh Amil detailed the ways in which intellectual property rights can be strategically deployed to secure a competitive edge, attract investment, and ensure the creators’ ability to benefit from their innovations. This perspective highlights the evolving nature of IPRs as tools for economic and professional empowerment, beyond their traditional role in safeguarding creators’ rights.

The collaboration between NUST and IPO-Pakistan for this seminar reflects a growing awareness and commitment to educating and engaging stakeholders about the importance of intellectual property rights. By bringing together experts and innovators, the event contributed to fostering a more informed and proactive approach to intellectual property management and protection in Pakistan.