VIENTIANE: Laos has launched its updated Intellectual Property (IP) Portal, a website that empowers businesses to protect their innovations and creativity while fostering a more dynamic and competitive economy.
The website aims to streamline application processes for entrepreneurs, providing clear guidance on IP rights, Xinhua reported, quoting a Lao Economic Daily report on Thursday (Aug 8).
The launch of the IP Portal is a major step forward for Laos' intellectual property ecosystem, by fostering an environment that supports innovation, creativity, and attracts foreign investment.
The IP Portal will play a key role in securing intellectual property rights, encouraging innovation, attracting investment, and spurring economic development. – Bernama