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Cedar Ark Law on how Rwandans can protect their IP rights
Rwanda revised its Intellectual Property policy in 2018, to turn away from the archaic laws that prevented stimulation in industrial research and rewards to creative activity, in a bid to match international standards. However, the question remains whether IP rights come at the expense of higher prices and reduced availability of products. Arthur Rugango, Partner at Cedar Ark Law joins CNBC Africa for more.
Mon, 26 Apr 2021 15:08:55 GMT
Disclaimer: The following content is generated automatically by a GPT AI and may not be accurate. To verify the details, please watch the video
AI Generated Summary
- The importance of registering brands in Rwanda to prevent market confusion and counterfeiting.
- The challenges of resolving disputes and enforcing IP rights due to lack of awareness and understanding.
- The role of IP rights in driving innovation, fostering competition, and spurring market growth.
Rwanda underwent a significant transformation in 2018 when it revised its Intellectual Property (IP) policy to align with international standards, breaking away from outdated laws that stifled industrial research and creative rewards. However, the debate still lingers on whether IP rights lead to higher prices and limited product availability. Arthur Rugango, a Partner at Cedar Ark Law, shed light on the importance of protecting IP rights and the challenges faced in Rwanda's evolving market landscape. Rugango emphasized the missed opportunities and costs incurred by local businesses that fail to register their brands in Rwanda. Without a distinct brand identity, market confusion ensues, making it difficult to differentiate products and enabling counterfeiting. Rugango exemplified this issue with a scenario where a local brand like 'Call Gate' could easily be imitated, leading to a lack of competitiveness in the sector. Disputes often arise due to brand similarities, such as the case of 'Quizera' and 'Quizera without the R', highlighting the need for greater IP awareness and resolution mechanisms. The lack of understanding and awareness around IP laws poses challenges for young entrepreneurs and necessitates educational campaigns to promote IP rights and protection. Rwanda Development Board (RDB) is spearheading efforts to enhance IP awareness and provide guidance to budding entrepreneurs. Addressing concerns about IP rights potentially stifling creativity and fostering monopolies, Rugango stressed the importance of competition and the role of IP in driving innovation. He dismissed the notion that IP rights could serve as barriers to entry for new firms, emphasizing that challenges in the market spur growth and development. Implementing and enforcing IP laws require a collaborative approach, combining a well-functioning IP office, specialized IP courts, and enhanced public awareness. Trademarks stand as the initial focus for IP rights enforcement in Rwanda, given their ease of promotion and recognition in the local market. Rugango underscored the need for electronic services, judicial training, and widespread awareness to effectively implement Rwanda's evolving IP framework, which has seen multiple revisions over the years. The path to fostering a thriving innovation ecosystem in Rwanda lies in safeguarding and promoting IP rights, empowering businesses, and fostering healthy competition.
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