April 26 is observed as World Intellectual Property Day . This day is celebrated to learn about the role that intellectual property (IP) rights play in promoting creativity and innovation. As per reports, World Intellectual Property Day 2020 places creativity at the centre of attempts to build a green world. And it also said that people often wonder why. It is said that today's decisions help in shaping tomorrow’s future. And because the Earth is our home, one needs to take care of it. History In the year 2000, the member states of the WIPO proclaimed April 26 , the day on which the 1970 WIPO ( World Intellectual Property Organisation) Convention entered into force . It is also reported that they want to eliminate the distance between the company or legal definition of IP, and its importance to the lives of people. It is committed to developing a fair and approachable international system of intellectual property (IP) that rewards creativity, promotes innovation and con...