WIPO DG Daren Tang visits Rome, reportedly reveals plan for Italian IP-backed finance pilot
Author
Martin Croft
PR & Marketing Manager
During a recent two-day official visit to Italy, Daren Tang, Director General of the World Intellectual Property Organisation (WIPO), revealed that WIPO plans to collaborate with long-time research partner the Luiss Business School to launch a pilot of an IP-backed lending scheme in Italy.
An article on Italian media site 24 Ore reported the plans, and said that WIPO and the Luiss Business School were also talking with Confindustria, the General Confederation of Italian Industry, about potential partners for such a pilot project.
DG Tang was in Italy to meet senior Italian government officials, academic and business leaders, representatives of the creative industries and GI producers and to address a conference organised by the Luiss Business School on the growing importance of intangible assets.
WIPO and Luiss partner on the Global INTAN-Invest Database and related research, and the during his conference address, DG Tang highlighted the importance of better data and policies to unlock the economic value of intangible assets.
A WIPO statement listing DG Tang’s various meetings during his two-day visit confirms that he “met with Vice President of Confindustria Marco Nocivelli to discuss IP-backed financing and practical support for SMEs to better manage, commercialise and leverage their intangible assets for growth and competitiveness.”
He also had a number of other meetings with Italian Government figures and representatives of the creative industries, as well as delegate from Italian food and drink producers and manufacturers, on a range of topics including commercialisation and monetisation of IP, anti-piracy measures, and strengthening protections for traditional Italian products and copyright in an age of AI.
Photo: WIPO/Asan. WIPO Director General Daren Tang (centre) visited Luiss Business School and met with (from left to right): Cecilia Jona-Lasinio, Professor of Industrial Economics and Economic Policy, Luiss Business School; Marco Nocivelli, Vice President of Confindustria; Raffaele Oriani, Dean and Professor of Corporate Finance; Luigi Maria Vignali, Ambassador and Permanent Representative of Italy to the United Nations Office.
