Bhutan Shortlisted As A Finalist For The Intellectual Property (IP) Sharing Project 2019
Bhutan has been selected as one of the four finalists out of 13 countries.
By Sonam Pem | BBS
Bhutan has been selected as one of the four finalists out of 13 countries which participated in the 2019 Intellectual Property (IP) Sharing Project. This is the first time that Bhutan has taken part in such a project.
The IP sharing project is a support program for developing and least developed countries to foster creativity and innovation through the practice of intellectual property rights.
More about the Korean Invention Promotion Association
The Korean Invention Promotion Association (KIPA) initiated the program and has shortlisted six project proposals from Bhutan. The KIPA is a non-profit organisation based in Seoul, South Korea.
The officials are currently studying the project proposals from the country. Two project ideas submitted from Bhutan are: the medicinal plants drying technology and a ‘self-honey’ extractor.
The KIPA will assess the proposals by investigating the local problems, requirements, circumstances, lifestyle and cultures. These factors are set as the criteria for selection as the finalists.
After the assessment, they will assist the project by developing the appropriate technology and branding that would suit the local environment and needs of the people.
How will the Korean Invention Promotion Association support Bhutan?
“If Bhutan is selected, we will support them with equipment and related brands. And we will teach them how to make more income by using the technology and branding strategy,” said Won Huijae, the Team Manager with the International Development Cooperation Division of KIPA.
Through projects like this, the KIPA’s experience and professionalism in the field of technology will help promote creativity and innovation in Bhutan. So far, the KIPA has carried out a number of projects since 2012.
“This is a very important initiative and we are looking forward to this as a beginning of our involvement with the Korean Invention Promotion Association,” said Kinley T. Wangchuk, the Director-General with the Dept. of Intellectual Property of MoEA.
He also mentioned that there are many interesting initiatives locally. Along with their involvement, Bhutanese companies can further hone and refine the work that they have been doing such as the packaging aspects of their products.
The KIPA can also assist by helping Bhutan to tap into new markets elsewhere. It has also facilitated sustainable economic growth and improved the quality of life through the use of copyright information.
This article first appeared in BBS and has been edited for Daily Bhutan.