What does WIPO mean in International Business?
This page is about the meanings of the acronym/abbreviation/shorthand WIPO in the Business field in general and in the International Business terminology in particular.
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Definition
What does WIPO mean?
- World Intellectual Property Organization
- The World Intellectual Property Organization (WIPO; French: Organisation mondiale de la propriété intellectuelle (OMPI)) is one of the 15 specialized agencies of the United Nations (UN). Pursuant to the 1967 Convention Establishing the World Intellectual Property Organization, WIPO was created to promote and protect intellectual property (IP) across the world by cooperating with countries as well as international organizations. It began operations on 26 April 1970 when the convention entered into force. WIPO's activities including hosting forums to discuss and shape international IP rules and policies, providing global services that register and protect IP in different countries, resolving transboundary IP disputes, helping connect IP systems through uniform standards and infrastructure, and serving as a general reference database on all IP matters; this includes providing reports and statistics on the state of IP protection or innovation both globally and in specific countries. WIPO also works with governments, nongovernmental organizations (NGOs), and individuals to utilize IP for socioeconomic development. WIPO administers 26 international treaties that concern a wide variety of IP issues, ranging from the protection of broadcasts to establishing international patent classification. It is governed by the General Assembly and the Coordination Committee, which together set policy and serve as the main decision making bodies. The General Assembly also elects WIPO's chief administrator, the Director-General, currently Francis Gurry of Australia, who took office on 1 October 2008 and was reappointed in May 2014 for a second six-year term. WIPO is administered by a secretariat that helps carry out its day-to-day activities. Headquartered in Geneva, Switzerland, WIPO has "external offices" around the world, including in Algiers, Algeria; Rio de Jainero, Brazil; Beijing, China, Tokyo, Japan; Moscow, Russia; and Singapore. Unlike most UN organizations, WIPO does not rely heavily on assessed or voluntary contributions from member states; 95 percent of its budget comes from fees related to its global services.WIPO currently has 193 member states, including 190 UN member states and the Cook Islands, Holy See and Niue; Palestine has permanent observer status. The only nonmembers are the Federated States of Micronesia, Palau and South Sudan.
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"WIPO." Abbreviations.com. STANDS4 LLC, 2024. Web. 25 Apr. 2024. <https://www.abbreviations.com/term/31428>.
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