Experts from the public and private sectors participated yesterday in a National Consultation on the Formulation of a National Intellectual Property Strategy for Barbados, hosted by the Ministry of Foreign Trade and International Business.
Donville Inniss, the Minister of State in the Ministry of International Business said the strategy would assist in realizing the full potential of intellectual property in Barbados and the benefits that can be derived.
There can be no doubt that without a national intellectual property strategy, a country will experience many challenges in encouraging, promoting and protecting indigenous creativity and innovation.
The Consultation highlighted intellectual property strategies and key recommendations from intensive working group sessions. The meeting was designed to stimulate public awareness of the various aspects of intellectual property and show how such valuable assets can be developed and managed efficiently to enhance the social and economic advancement of Barbados.