It is almost unanimously accepted that the path economies take to attain high competitiveness—where firms embrace international competition—goes through innovation. To increase competitiveness, this path enables innovators to acclimatise swiftly to perennial gales of technological change. Enterprises that are competitive in open global markets are key drivers in a nation’s competitiveness. Intellectual property rights (IPRs) are critical to incentivising innovation, which, in turn, is key to sustaining economic growth.