President Museveni together with the Uganda Registration Services Bureau have launched the National Intellectual Property Policy and the Security Interest in Movable Property Registry (SIMPO). <\/p>\n\n\n\n
During the launch on Wednesday, Museveni said this was a step in the right direction.<\/p>\n\n\n\n
\u201cThe NRM government continues to support all innovations aimed at increasing the profitability of Ugandans engaged in various enterprises,\u201d said Museveni.<\/p>\n\n\n\n
He said the policy will give innovators the full protection of the law through patents, copyright, trademarks among others.<\/p>\n\n\n\n
\u201cThis will enable these innovators to earn their rightful recognition and financial returns for their toil and sweat. It is important that government creates an environment where creativity and innovation can thrive,\u201d he noted<\/p>\n\n\n\n
Museveni said the improvement in the quality of human life and man\u2019s transition from a primitive existence to modernity are attributed to the discoveries in medicine, engineering, architecture among others.<\/p>\n\n\n\n
He said it is through the creations of the human mind that we have been able to tame nature throughout the four and a half million years of man\u2019s existence on earth.<\/p>\n\n\n\n
Therefore, it is crucial that individuals or groups are rewarded for their innovations.<\/p>\n\n\n\n
\u201cHowever, we cannot talk about Intellectual Property Rights without addressing the issue of funding for our scientists who are behind most of the innovations which benefit all of us,\u201d he said<\/p>\n\n\n\n
Museveni said Ugandan scientists are also working day and night to come up with a vaccine and cure to this deadly disease, COVID-19<\/p>\n\n\n\n
\u201cWithout the work of the scientists, the whole world is doomed. This explains why we should invest highly in the innovations of our scientists. They are our life savers when faced with natural calamities such as, diseases, floods, drought, pests etc,\u201d he said.<\/p>\n\n\n\n
He added that NRM government\u2019s drive towards industrialisation is based on scientific research and innovation to support value addition on our local products.<\/p>\n\n\n\n
\u201cUganda is endowed by nature with a wide variety of raw materials that can be processed into finished products. Our agricultural value chain for most products is still incomplete,\u201d he said.<\/p>\n","protected":false},"excerpt":{"rendered":"
President Museveni together with the Uganda Registration Services Bureau have launched the National Intellectual Property Policy and the Security Interest in Movable Property Registry (SIMPO). During the launch on Wednesday, Museveni said this was a step in the right direction. \u201cThe NRM government continues to support all innovations aimed at increasing the profitability of Ugandans […]<\/p>\n","protected":false},"author":2270,"featured_media":18648,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jnews-multi-image_gallery":[],"jnews_single_post":[],"jnews_primary_category":[],"jnews_paywall_metabox":[],"jnews_override_counter":[],"footnotes":""},"categories":[98],"tags":[2308,2309],"class_list":["post-18646","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-simpo","tag-ursb"],"yoast_head":"\n