The Director General/ Chief Executive Officer of Small and Medium Enterprises Development Agency or Nigeria (SMEDAN) Dr Dikko Umaru Radda has raised alarm that most Small and Medium Enterprises (SMEs) across the country are not aware of the importance in enhancing the value of their products, services and
processes.
He stressed the need for SMEs to be sensitized on the
importance of IP (Intellectual Property) to enhancing the
value of their enterprises. Radda told newsmen in Abuja on Tuesday during a
world press conference to commemorate the 2021 World
Intellectual Property Day, a brainchild of the World
Intellectual Property Organisation (WIPO).
He also urged relevant agency with the statutory
function in the administration of IP to be easily
accessible by moving closer to the SMEs.
He explained that examples of intellectual property
include music, literature, and other artistic works;
discoveries and inventions; and words, phrases,
symbols, and designs.
Also, the Ag. Head, World Intellectual Property
Organisation ( WIPO) Nigeria office , Mr
Oluwatobiloba Moody said at a time when the
imperative of economic recovery in Nigeria is high, particularly in the light of global pandemic, the WIPD
2021 provides an important moment to shine a light on
the critical role of SMEs in Nigeria and the opportunities
for these important actors to particularly in using IP to
build stronger , more competitive and resilient
businesses .
