Government has launched the national Intellectual Property Policy and Implementation Strategy aimed at promoting the generation, protection, commercialisation of various inventions and innovations to enhance growth in all sectors of the economy.

Launching the Intellectual Property Policy (IP) and Implementation Strategy in Harare, the Minister of Justice, Legal and Parliamentary Affairs Cde Ziyambi Ziyambi described the coming into effect of the IP Policy as a milestone achievement which will ensure that inventors or holders of rights have sufficient incentive to bring their work to the market which benefit them and the nation at large.

The IP Policy is the first of its kind and has received a thumps up from Africa Intellectual Property Rights Organisation (ARIPO) Director General Fenando Dos Santos who said the policy was long overdue and its advent should bring harmony to inventors and ignite foreign investment opportunities in the country.

Some of the objectives of the newly launched IP Policy include sensitising stakeholders about the economic benefits of IP, protecting intellectual property, inspiring IP, commercialisation and enhancing IP trading mediation capacities.