EMPOWERING NIGERIAN ENTREPRENEURS: UNDERSTANDING THE INTELLECTUAL PROPERTY PROTOCOL OF THE AfCFTA

Empowering Nigerian Entrepreneurs: Understanding the Intellectual Property Protocol of the AfCFTA, examines how the African Continental Free Trade Area (AfCFTA) Intellectual Property (IP) Protocol can drive innovation, economic growth, and cultural preservation for Nigerian entrepreneurs. It highlights the potential of IP protections to expand market reach, safeguard brand identity, and promote Nigerian products like shea butter and others through geographical indications. However, it also identifies challenges such as weak enforcement, high costs, and bureaucratic barriers. The paper concludes with policy recommendations to enhance awareness, streamline registration, and strengthen enforcement, emphasizing IP as a critical tool for entrepreneurs to thrive in a unified African market.

Publication Details

Journal
Zenodo (CERN European Organization for Nuclear Research)
Published
2024-12-04
DOI
https://doi.org/10.5281/zenodo.14409315
Primary Topic
Intellectual Property and Patents
Type
article
Field-Weighted Citation Impact
0.00
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article

EMPOWERING NIGERIAN ENTREPRENEURS: UNDERSTANDING THE INTELLECTUAL PROPERTY PROTOCOL OF THE AfCFTA

Zenodo (CERN European Organization for Nuclear Research)
Intellectual Property and Patents
article

EMPOWERING NIGERIAN ENTREPRENEURS: UNDERSTANDING THE INTELLECTUAL PROPERTY PROTOCOL OF THE AfCFTA

article en

Abstract

Empowering Nigerian Entrepreneurs: Understanding the Intellectual Property Protocol of the AfCFTA, examines how the African Continental Free Trade Area (AfCFTA) Intellectual Property (IP) Protocol can drive innovation, economic growth, and cultural preservation for Nigerian entrepreneurs. It highlights the potential of IP protections to expand market reach, safeguard brand identity, and promote Nigerian products like shea butter and others through geographical indications. However, it also identifies challenges such as weak enforcement, high costs, and bureaucratic barriers. The paper concludes with policy recommendations to enhance awareness, streamline registration, and strengthen enforcement, emphasizing IP as a critical tool for entrepreneurs to thrive in a unified African market.

Zenodo (CERN European Organization for Nuclear Research)
Decent work and economic growth
Openalex Percentile: Top 37%
Intellectual Property and Patents
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