Empowering Nigerian Entrepreneur: Enhancing intellectual property awareness for business Growth

Intellectual Property (IP) is a crucial yet often overlooked asset in Nigeria entrepreneurs. Despite the country’s Growing entrepreneurial ecosystem, many business owners lack awareness of how to protect and leverage their IP rights for sustainable growth. This article explores the Importance of IP awareness among Nigerian entrepreneurs, highlighting common challenges such as inadequate education,weak enforcement mechanisms and the high cost of registration. It examines the role of government agencies, legal practitioners and business associations in promoting IP education and protection. Finally, The article offers recommendations on how entrepreneurs can integrate IP strategies into their business models to enhance competitiveness, attract investment,and safeguard innovation in Nigeria’s Evolving Market.

Authors

Publication Details

Journal
World Journal of Advanced Research and Reviews
Published
2025-02-28
DOI
https://doi.org/10.30574/wjarr.2025.25.2.0580
Primary Topic
Entrepreneurship Studies and Influences
Type
article
Field-Weighted Citation Impact
0.00
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article

Empowering Nigerian Entrepreneur: Enhancing intellectual property awareness for business Growth

Christianah Olawumi Akinyemi
World Journal of Advanced Research and Reviews
Entrepreneurship Studies and Influences
article

Empowering Nigerian Entrepreneur: Enhancing intellectual property awareness for business Growth

Christianah Olawumi Akinyemi
article en

Abstract

Intellectual Property (IP) is a crucial yet often overlooked asset in Nigeria entrepreneurs. Despite the country’s Growing entrepreneurial ecosystem, many business owners lack awareness of how to protect and leverage their IP rights for sustainable growth. This article explores the Importance of IP awareness among Nigerian entrepreneurs, highlighting common challenges such as inadequate education,weak enforcement mechanisms and the high cost of registration. It examines the role of government agencies, legal practitioners and business associations in promoting IP education and protection. Finally, The article offers recommendations on how entrepreneurs can integrate IP strategies into their business models to enhance competitiveness, attract investment,and safeguard innovation in Nigeria’s Evolving Market.

World Journal of Advanced Research and ReviewsVol. 25(2)
Openalex Percentile: Top 96%
Entrepreneurship Studies and Influences
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Empowering Nigerian Entrepreneur: Enhancing intellectual property awareness for business Growth — Christianah Olawumi Akinyemi · World Journal of Advanced Research and Reviews (2025) | TGRS Research Map | TGRS