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World Intellectual Property Day Celebrates the Value of Ideas

Graphic of global ideas

Of all the assets that make up the University of Minnesota’s research enterprise—from state-of-the-art equipment to leading lab facilities—our researchers’ ideas are the most valuable. Intellectual property (IP) that arises from research can generate revenue (for the inventor, their department, and the University at large) and can lead to products and services that have a positive impact on society and improve lives.

Every year on April 26, IP offices, government agencies, universities, law firms, businesses, and others from around the globe celebrate World Intellectual Property Day, bringing attention to the role that intellectual property rights play in encouraging innovation and creativity.

This event was established by the World Intellectual Property Organization (WIPO) in 2000 to raise awareness of how patents, copyright, trademarks, and designs impact daily life and to celebrate creativity and the contributions made by innovators and creators to the development of societies across the globe. 

UMN Technology Commercialization is taking this day to remind researchers that our staff is here to help with all aspects of intellectual property protection for your discoveries—from disclosing IP, to drafting a confidentiality agreement, to patenting and licensing an invention.

Visit Tech Comm’s University Inventors webpage to learn more about our office and how we can assist you with your IP needs. If you have a specific idea or invention that has been developed at the University, please complete and submit an Intellectual Property Disclosure Form, and a technology portfolio manager will follow up with you to discuss next steps.

Vaughn Schmid portrait

Vaughn Schmid

Vaughn is a technology portfolio manager with U of M Technology Commercialization.

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