ELI5: Explain Like I'm 5

Convention Establishing the World Intellectual Property Organization

Okay kiddo, let me explain it to you. So, have you ever created a drawing or written a story that you really love and don't want anyone else to copy or steal? That's called your "intellectual property". The World Intellectual Property Organization, or WIPO for short, is a big group of countries that came together to make some rules about how people can protect their intellectual property, like your drawing or story.

See, sometimes people try to copy someone else's idea and make money off of it, which isn't very fair. So, WIPO made a rulebook, called a convention, that helps people from countries all over the world protect their ideas and creations from being stolen. It's like a big agreement between all these different countries and people to make sure that everyone's intellectual property is protected and respected.

WIPO also helps mediate disputes between people who might be arguing over intellectual property rights. They have experts who can look at different cases and help people come to an agreement about who owns what.

Overall, WIPO is like a big club that helps people protect their ideas and creations, and makes sure that everyone is playing by the same rules.