Intellectual Property Authority to launch in 2024 under new five-year IP strategy
The Madbouly government will establish a National Intellectual Property Authority in the coming two years as part of a five-year IP strategy (pdf). Launched by Prime Minister Moustafa Madbouly at a ceremony yesterday, the strategy provides a roadmap for putting into place an institutional framework for governing intellectual property rights and streamlining policymaking.
The National IP Authority is at the center of things: Intellectual property governance is currently managed by nine disparate and overlapping government agencies that operate independently of each other under different ministries. From 2024, the IP Authority will step in to coordinate policymaking and work with other areas of government. The strategy will also see policymakers review legislation related to intellectual property, link IP to the country’s sustainable development goals, and raise public awareness about the subject.
We’ve known this was in the works for a while: Madbouly announced plans to establish the authority earlier this year.