The Role of Industrial Intellectual Property Rights in Supporting Small and Medium Enterprises in Arab Countries
Keywords:
Intellectual Property, Industrial Intellectual, Property Rights, Small and Medium Enterprises, Sustainable Development.Abstract
This paper looks at industrial intellectual property rights to help small and medium enterprises grow, while also looking at their part in promoting competition around the world through new ideas in Arab markets. It shows that using IPRs smartly helps not only to enter markets more easily but also brings in funds for continued sustainable economic growth. The work wants to look at the legal, institutional, and financial problems that make it hard to enforce IPRs well and suggests plans to build strong intellectual property systems that aid Arabic small and medium businesses. A mix of telling and studying methods is used to look at how IPRs affect the growth and lastingness of SMEs within Arab money systems. It checks local IP laws by joining practical research on SME actions with legal study of safety and innovation work. The study also analyses patent applications together with trademark and industrial design data to evaluate the effectiveness of regional IPR regulatory systems. The findings imply that industrial IPRs do assist SME innovation and increased market access within Arab economies but often are limited because of poor enforcement of regulations weak legal frameworks, and scant public awareness of the resources available for intellectual property. Countries like the UAE and Saudi Arabia which have stronger intellectual right systems therefore better performing SMEs are more innovative and competitive. Indeed, barriers to successful commercialisation of intellectual property in this region turn out to be inadequate R&D investment lacking institutional collaboration and overregulation. Stronger legal protection coordinated institutional awareness coupled with more general public awareness on IPRs would leverage intellectual property as a driver for sustainable growth in SMEs.