Empowering Nigerian Entrepreneur: Enhancing intellectual property awareness for business Growth

Akinyemi, Christianah Olawumi (2025) Empowering Nigerian Entrepreneur: Enhancing intellectual property awareness for business Growth. World Journal of Advanced Research and Reviews, 25 (2). pp. 2514-2518. ISSN 2581-9615

[thumbnail of WJARR-2025-0580.pdf] Article PDF
WJARR-2025-0580.pdf - Published Version
Available under License Creative Commons Attribution Non-commercial Share Alike.

Download ( 464kB)

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.

Item Type: Article
Official URL: https://doi.org/10.30574/wjarr.2025.25.2.0580
Uncontrolled Keywords: Intellectual Property Right; Business Growth; Innovation, IP Awareness; Enforcement Mechanism; Legal Framework; Economic Development; Market Competitiveness
Depositing User: Editor WJARR
Date Deposited: 16 Jul 2025 15:44
Related URLs:
URI: https://eprint.scholarsrepository.com/id/eprint/978