Saudi Arabia: National Intellectual Property Strategy Launched to Support Innovation
Saudi Gazette, 22 December 2022: The Saudi Prime Minister has launched the National Intellectual Property Strategy (NIPST) to support innovation, competition and economic growth.
NIPST consists of four main pillars: IP Creation, IP Administration, IP Commercialisation, and IP Protection.
Each pillar will include several initiatives assigned to government agencies and will be measured periodically according to a governance framework that defines roles and responsibilities, including decision-making on important issues related to the implementation of NIPST projects.
For the full story, click here.
To view more news items and other content we have available, visit lexis.ae/demo to book a demo and start your free trial of Lexis® Middle East.
Want to learn more about Lexis® Middle East? Visit, https://www.lexis.ae/lexis-middle-east-law/.