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World and Business Leaders Will Meet in Beijing to Talk About Intellectual Property and the Knowledge Economy

Geneva, February 4, 2003
Media Alerts MA/2003/12

The key role of the intellectual property system in stimulating creativity and innovation to drive economic growth through wealth creation and business development will top the agenda of a high-level gathering in Beijing from April 24-26, 2003. The Government of the People's Republic of China will host the World Intellectual Property Organization (WIPO) Summit on Intellectual Property and the Knowledge Economy, which will bring together heads of government and other top officials, industry leaders, academics, civil society, and other interested parties to talk about the increasing importance of intellectual property in today's knowledge-driven economies.

Today, a state does not have to be "lucky" - in terms of its possession of land, labor and capital - to succeed. Creativity and innovation are the new drivers of the world economy and national well-being increasingly depends on the strategy a country develops to harness its intellectual capital. An effective intellectual property system is the foundation of such a strategy. Within knowledge-based, innovation-driven economies, the intellectual property system is a dynamic tool for wealth creation - providing an incentive for enterprises and individuals to create and innovate; a fertile setting for the development of, and trade in, intellectual assets; and a stable environment for domestic and foreign investment.

The Summit and Industry and Private Sector Forum will take place in a series of joint and parallel sessions. Please see detailed program at https://www.wipo.int/summit-china/en/.

If you wish to cover this event, please complete and return the press accreditation form, together with a signed letter of assignment from your editor, to the Media Relations and Public Affairs Section at WIPO, 34, chemin des Colombettes, 1211 Geneva 20; tel: + 41 22 338 95 47; e-mail: Email: publicinf@wipo.int.; fax: + 41 22 338 88 10.