Current Context : Recently, Atal Innovation Mission and World Intellectual Property Organization signed a Letter of Intent towards building joint innovation programs in global south.

Aim : Building programs for Innovation, Entrepreneurship & Intellectual Property (IP) for countries in the Global South.

ABOUT WORLD INTELLECTUAL PROPERTY ORGANIZATION (WIPO)

• It is a specialized agency of the United Nations, that releases the Global Innovation Index (GII) annually.
• Established in 1967
• Aim : to encourage creative activity, to promote the protection of intellectual property throughout the world.
• Headquarter : in Geneva, Switzerland.
• Members : 193 member states.
• Intellectual property (IP) is a category of property that includes intangible creations of the human intellect, and primarily encompasses copyrights, patents and trademarks.
• It also includes other types of rights, such as trade secrets, publicity rights, moral rights, and rights against unfair competition.

ABOUT ATAL INNOVATION MISSION:

• Atal Innovation Mission is a flagship initiative by the NITI Aayog to create a culture of innovation and entrepreneurship across India.