Every year on April 26, World Intellectual Property Day is observed to promote awareness about the influence of patents, copyrights, trademarks, and design on daily life.

• The function of intellectual property (IP) rights is to stimulate innovation and creativity across the various civilizations present in the world.
• The day is celebrated to see the potential of the younger generation and help them focus on transitioning to a more suitable future. Inventions, literary and creative works, designs, symbols, names, and pictures utilised in business are all examples of intellectual property.