Lessons learned and challenges of the future Intellectual Property (IP) assets such as technological know-how, patents, trademarks, brand names and copyrights increasingly make up the majority of the profits from international trade. Developed countries protect and strategically exploit their IP assets but utilization of IP as a tool of economic development is a new experience for developing countries, especially in Africa. The patent laws in these countries, if any, have been limited to fulfilling the purposes of registering trademarks and issuing licenses. Despite the rich culture and immense potential of natural wealth the country is blessed with, Ethiopia too had lagged behind in identifying and making use of its IP assets. Paradoxically, Ethiopia is one of the poorest countries in the world. In this context, the recent ambitious plan by Ethiopia to identify and protect the country’s untapped patent assets is dramatic. The initiative to protect the patent rights associated with cof...