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Thai people invent inventions, innovations, prepare to organize IP Fair 2024

Nonthaburi, The Department of Intellectual Property is preparing to organize the 'Intellectual Property Fair' or IP Fair 2024 (IP Fair) THE X POWER, which will bring together the best innovations and world-class artworks from Thais in one event. It emphasizes that currently, Thais have invented many inventions and innovations that have been registered as intellectual property. In order to promote commercial use, Mr. Kittiwat Patchimnan, Deputy Director-General of the Department of Intellectual Property, said that the organization of IP Fair 2024 this time still receives cooperation from the government sector, private sector, and educational institutions to showcase a large number of innovations and intellectual property to inspire and show the capabilities of Thais, as well as to create a better understanding of intellectual property among the youth and the public, which is very important for the business sector. In the past, there have been many problems, such as Pang Cha, which has made people more aware a nd give more importance to consulting on intellectual property protection, in order to act as a shield to prevent doing business and create a commercial advantage. The goal is to create value within the event of no less than last year, more than 100 million baht, with most of the value coming from artwork and business matching between entrepreneurs and innovation owners, in order to create tangible commercial use of intellectual property. For this year's IP Fair, there are activities and zones called 'THE X POWER', including an area to create inspiration for creating inventions and innovations from leading organizations in the country, an area to display artworks from famous artists, such as rare items from 11 famous designer toy artists who created cartoon characters based on the concepts of 11 creative industries (Soft Power), a seminar stage that brings together intellectual property gurus and leading businessmen to share their experiences in generating income from creativity and innovation, a zone that b rings together over 21 GI raw materials from around the country to create special dessert menus from famous chefs, and community products from tourist attractions, as well as opening up a space for business matching negotiations between buyers and manufacturers directly, an activity to present outstanding intellectual property awards to Thai entrepreneurs who use intellectual property as a tool to drive their businesses, providing comprehensive consultations on all aspects of intellectual property, and business matching negotiations to expand trade opportunities. For those who want ideas on how to create intellectual property innovations to generate income for themselves and their businesses, you can come and visit the IP Fair 2024, which will be held from August 16-18 at Samyan Mitrtown shopping center. Source : Thai News Agency