From Ideas to Income: Utilising Intellectual Property for Growth in the Creative Economy
From Ideas to Income: Utilising Intellectual Property for growth in the Creative Economy Sasha Maharaj* ‘Intellectual property is gaining wider acceptance as a driver in the creative economy and an increasing number of countries are adopting a strategic approach to the role of intellectual property in unleashing the potential of creativity and monetizing it to the benefits of creators, stakeholders and society as a whole.’ (WIPO Committee on Development and Intellectual Property 2022). [1] With the theme for this year’s World Intellectual Property Day being ‘IP and music: Feel the beat of IP’, it is no doubt that rhythms and musical expressions can trigger an emotional response, bring communities together and benefit health. As such, a plethora of conferences, academia and training programmes aim to promote the importance of protecting and managing these creative expressions. However, whilst the motivating factor has been for authors to protect their works via copyright, tr...