Seminar stresses protection of intellectual property rights

Non-compliance of intellectual property rights- related regulations deprives inventors, writers and singers of their rights to get rewarded from their creation, a law professor has observed.
“It acts as discouragement if a person is not paid back for the creation or innovation,” Dr Mizanur Rahman, professor of law at the University of Dhaka, told a seminar yesterday.
The university's Faculty of Law and Intellectual Property Association of Bangladesh (IPAB) jointly organised the programme at the faculty, marking the World Intellectual Property Day.
The theme of this year's World Intellectual Property Day - was 'Innovation- Linking the World.'
Dean of Faculty of Law Professor Dr Borhan Uddin Khan, IPAB Honorary General Secretary Md Mahbubur Rahman also spoke on the occasion.
Citing piracy of books of writers, songs of singers and lyricists, Prof Mizanur said innovators, owners of know-how are not getting their due benefits because of the weak legal protection system in Bangladesh.
He also observed that laws relating to protection of intellectual property are not enough, while government initiative to protect traditional knowledge has also led to the denial of property rights in many areas.
Md Mahbubur Rahman said protection of property rights is needed for the benefit of innovators, producers and consumers.
Underlining the need for protection of property rights, he said without protecting such rights a country cannot attain economic prosperity.