Knowledge Economy And Intellectual Property Rights In Botswana: Implications For Organisations

Knowledge economy has become a buzz term everywhere, be it in government circles, non-governmental organizations, the private sector and the academia. It may be defined as an economy where knowledge is acquired, created, disseminated and used effectively to enhance economic development. Intellectual property rights are necessary for knowledge-based industries. For the knowledge economy to flourish, one aspect which needs to be taken care of is the protection of intellectual property, which is the know-how that comes from a creative thought process.