Dubai, United Arab Emirates - Sunday, July 1st 2012 [ME NewsWire]
Companies today are creating value by shifting from a commodities economy to a knowledge-based sector that focuses on intangible assets and output in business in addition to embracing intellectual property (IP). The approach helps protect businesses of all sizes, in addition to monitoring and auditing events that impact the organisation, according to Anwar Imam, technology and media consultant, as well as former lawyer specialising in intellectual property.
He added: “Migration to a knowledge-based operation is more relevant for SMEs, which need to protect their brand, increase awareness on contractual rights, and identify ways to monitor business processes. Interestingly, intellectual property is also viewed differently with the emergence of the internet. Policymakers, legislators, rights holders, content creators, businesses, and users are aware of the scenario and taking concrete steps on this front. Speed of innovation is another facet that raises a number of issues related to trademarks, copyrights, trade secrets and patents.”
Imam’s comments came at the Dubai Internet City Excellence Series on ‘Intellectual Property - The currency of creativity and innovation’. The session hosted business partners of TECOM Investments’ entities and featured industry experts to offer insights on IP, its value to business, and practical concepts/tips for local start-ups, media and technology companies.
Majed Al Suwaidi, Director at Dubai Internet City and Dubai Outsource Zone, said: “Intellectual property rights gain relevance throughout the region as awareness increases across sectors. The case for IP will also escalate as the IP produced in the region rises. The UAE will definitely take a lead as one of the major technology centres in the region. Inclination towards entrepreneurship and technology development will support IP growth in the country.
“Dubai Internet City has played a key role in supporting entrepreneurs through creating events and platforms that nurture their interest for the long run. As a technology hub in the region, DIC has focused on accelerating the development of new start-ups, fostering entrepreneurships, driving technology innovation, contributing to shaping an ICT ecosystem and, most importantly, promoting Dubai as an ideal location for tech start-ups.”
Anwar Imam is a technology and media consultant, music producer, founder of local start-up Viral Media Technology Consulting and a former lawyer with specialised interest in intellectual property matters.
The Excellence Series hosts monthly sessions that feature distinguished speakers and tackle key topics relating to business, best practices, case studies, personal growth and more.
At the forefront of the region's ICT industry, Dubai Internet City remains committed to supporting emerging technology trends in the region and continues to play an instrumental role in developing the industry while contributing to Dubai's drive for creating a knowledge-based economy.
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About Dubai Internet City
Dubai Internet City (DIC), a member of TECOM Investments, was established in 2000. It is currently regarded the Middle East's largest information and communications technology (ICT) cluster. Built as a strategic base for companies targeting emerging markets in several neighbouring regions, DIC’s core focus area extends from the Middle East to the Indian Subcontinent, and from Africa to the Commonwealth of Independent States (CIS), covering nearly three billion people with a GDP of over US$10 trillion. As a knowledge-oriented business model, DIC has created a dynamic international community of IT companies hosting business partners that include most of the Fortune 500 brands, as well as a number of small and medium enterprises and ventures. In 2009, 135 new companies joined the DIC cluster. For more information, please visit: www.dubaiinternetcity.com
Contacts
Nancy Sudheer
APCO Worldwide
(JIWIN Public Relations)
NSudheer@apcoworldwide.com
+ 971 4 369 2834
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