Innovation and technology for gender equality

By Dumont

Women’s entrepreneurship, innovation and creativity foster technological advancement, enriches culture, and contribute to economic growth. Furthermore, their contributions and participation in decision-making processes are crucial for the development of inclusive policies, spaces, and digital tools necessary to increase the awareness of women and girls of their rights and to support more robust and diverse civic engagement.

“In many countries, women are underrepresented in the IP system and in access to digital technologies. We aim to encourage, support and accelerate increased participation from women and other underrepresented groups in the development, commercialization, and distribution of innovations and creative works, especially through the use of digital technology,” the IP offices stated in a joint press release.

United Nations figures from a 2022 report indicate that women’s exclusion from the digital world has contributed to a USD 1 trillion loss in the gross domestic product of low- and middleincome countries in the last decade. Without meaningful intervention and change, this loss in GDP is anticipated to grow to USD 1.5 trillion by 2025. According to the World Bank, there would be economic gains in the order of USD 5-6 trillion if women were supported to start and scale new businesses at the same rate as men.

In addition to yielding significant benefits for economies and communities, women’s full inclusion in technology and access to digital education and tools will accelerate creative solutions to global challenges and increase the potential for inventions and creative works that meet the needs of women and girls.

“When the diversity of those engaged in innovation and creativity and using IP systems reflects the diversity of our communities, we will all benefit from a more sustainable, healthy, and balanced society. We commit to working together to support and empower women and girls to inclusively access the innovation and creative economy to achieve their professional aspirations through the use of IP system. In addition, we commit to encouraging women and girls within our communities, including from any indigenous and local communities, to become familiar with, and make effective use of the IP system, including as appropriate any tools for the protection of traditional knowledge, traditional cultural expressions, and genetic resources, for their own benefit and the benefit of their communities,” the statement ended.

IP Offices will focus now on the World Intellectual Property Day on April 26, 2023, by recognizing the “can do” attitude of women inventors, creators and entrepreneurs around the world, and their groundbreaking work, using World Intellectual Property Day to advance efforts that accelerate women’s participation in the global innovation and creativity ecosystem.

Dumont

Dumont is a Mexican IP law firm founded in 1940. We are committed to assisting our clients in the selection, clearance, protection, enforcement, and exploitation of their IP rights and business interests.

Our practice extends to highly specialized topics such as litigation, copyright, Information Technology, corporate Law and anti-counterfeiting, appraisals of both trademarks and patents in compliance with the Financial Reporting Standards (NIF) by a team of expert lawyers, litigants, and advisors in the various disciplines covered by our area.

We take pride in building strong business and personal relationships with our clients. We remain committed to being extremely responsive and are engaged in answering queries within 24 hours. We are devoted to delivering top-of-the-line legal services in order to achieve our clients’ high expectations.

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