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Barbados Looks To Bolster Intellectual Property Regime

by Mike Godfrey, Lowtax.net, Washington
29 January, 2018

Barbados's Government has laid out plans to better safeguard the intellectual property rights of the island's micro, small and medium-sized enterprises (MSMEs).

The plans include supporting the creation of a regional patent and trademarking office to provide technical assistance to MSMEs, and putting in place appropriate framework instruments to stimulate and support innovation and the development of technology by MSMEs.

In addition to the Government's initiatives, the World Intellectual Property Organization – the United Nations' global forum for intellectual property services, policy, information, and cooperation – is helping the island to formulate a national intellectual property strategic plan.

The Government said the plan will ensure key areas like creativity, innovation, and productivity remain central to the economic, social, and cultural wellbeing of the territory.

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