The World Intellectual Property Organization (WIPO) is a specialized agency of the United Nations that focuses on promoting and protecting intellectual property rights worldwide. Established in 1967, WIPO aims to foster creativity and innovation by providing a global framework for intellectual property laws and policies. WIPO offers various services, including the registration of patents, trademarks, and copyrights. It also provides resources and support for member states to develop their intellectual property systems, ensuring that creators and inventors can benefit from their work while encouraging economic growth and cultural development.