Every small business starts with one person’s or family’s dream : American President Joe Biden on World IP Day
NEWS
Every small business starts with one person’s or family’s dream : American President Joe Biden on World IP Day
By Pallavi Paul
President of United States of America Joe Biden, on the occasion of World Intellectual Property Day, expressed his gratitude towards small businesses in the US, that employ nearly half of America’s private sector workers, make up 90% of business, create 2/3rd of new jobs and bring new opportunities for the Nation. The success of small businesses are in a way possible because of the existence of various types of intellectual property rights like trademark, patent, copyright and trade secrets which helps to ensure that the small businesses are compensated for and are able
NEWS
By Pallavi Paul
able to prosper from their creations and customer service. While focusing on the aspect of trademark protection for small businesses he further marked the 75th anniversary of the signing of Lanham Act which is the Nation’s fundamental trademark law and further stated how trademarks helps to protect consumers from counterfeits and deceitful practices. In addition, he stated that American Administration is committed to help anyone no matter where they are from, and grant them a chance to succeed and contribute in creating an innovative economy in the world.
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