US Patent and Trademark Office offers assistance to Guyana in Intellectual Property matters; Outdated IP laws in Guyana hinder investment incentives

USPTO Ready to Assist Guyanese with Intellectual Property Protection amid Outdated Laws

The United States Patent and Trademark Office (USPTO) is stepping in to assist Guyanese in understanding Intellectual Property (IP) protection, as local laws are deemed outdated. Despite the economic boom driven by the emerging oil sector, Dean of the University of Guyana’s School of Entrepreneurship and Business Innovation, Professor Leyland Lucas, highlighted the lag in IP rights legislation.

Professor Lucas pointed out the prevalent mentality of a “hustle” culture in Guyana, leading to misconceptions about IP violations. Lance Hinds, CEO of Brain Street Group, shared how Guyana’s reputation for IP violations hindered potential projects and offshore work opportunities.

UG Law Professors Courtney Abel and Kenneth Benjamin emphasized the need for updated legislation and enforcement mechanisms to protect intellectual assets. The USPTO’s Regional Intellectual Property Advisor, Maria Beatriz Dellore, offered support in capacity building and public awareness to foster development.

Attorney General Anil Nandlall welcomed USPTO’s assistance in enhancing Guyana’s IP landscape, prioritizing CARICOM model legislation. Vice Chancellor Professor Paloma Mohamed-Martin announced plans for IP certification programs at UG to address the long-standing issue of IP protection.

USPTO officials highlighted the economic value of IP-intensive industries and the potential for job creation and export quality improvement. They stressed the importance of IP protection in attracting investment and promoting economic growth.

As Guyana navigates the challenges of modernizing its IP laws, the collaboration with USPTO signals a step towards aligning with international standards and fostering a culture of innovation and creativity.

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