Ministry of Tourism and Creative Economy Encourages Intellectual Property as a Creative Economy Asset
The Ministry of Tourism and Creative Economy (Kemenparekraf) continues to strive to increase the economic value of the creative works of the Indonesian people. One of its main steps is to encourage business players to register intellectual property (IP) for their products or works so that they have strong legal protection.
According to the government, intellectual property such as trademarks, copyrights, and industrial designs is no longer just an administrative document. These assets can be used as collateral or security at banks to obtain business capital. This policy is expected to help creative economy players obtain funding more easily to develop their businesses.
In addition to serving as capital collateral, owning intellectual property rights also provides protection against piracy or the use of works by other parties without permission. By possessing an official certificate, local creators and entrepreneurs can be more confident in marketing their products, both in domestic and international markets.
Kemenparekraf is also actively providing education and assistance to MSME players in various regions. This program aims to ensure that business players understand the importance of registering their works early on, so that the economic value of these works can continue to increase as their businesses grow.
This step is expected to strengthen the creative economy ecosystem in Indonesia. With the support of legal protection and better access to capital, the creative economy sector is expected to be able to make a greater contribution to national economic growth in the future.