Intellectual Property Owners in The Process of The Third Renaissance: As A Factor for Unleashing Human Potential

Abstract

In this article, we explore the role of those engaged in intellectual property in unlocking human potential as it relates to the Third Renaissance and the shift to a knowledge-based economy in Uzbekistan. Under the ambience of globalisation and digitalising environment, Role of Intellectual property has gained attention and considered as a strategic resource that guides -innovation, creativity and socio economic development. While important reforms were made in education, innovation policy and legal regulation, there is still the gap between what is formally protected under intellectual property and its due contribution to human capital formation and economic competitiveness. The paper will help fill this gap by examining the uses of various forms of IP ownership in developing and implementing creative process, entrepreneurial activity and innovation. This study draws on a qualitative analysis of national policies, international analytical documents, academic literature and institutional changes linked to intellectual property, education and digital development. Results highlight intellectual property owners as the mainspring by which knowledge is converted into economic and social value in science, technology and cultural industries. Yet, this potential is only partially realized due to limited digital skills, ineffective commercialization channels and low economic incentives. The findings indicate that reinforcing legal protection, expanding infrastructure for innovation, and enhancing education and digital skills are crucial for stimulating IP as a catalyst of development. Enhancing the status and capacity of intellectual property owners must take priority in order to build a competitive knowledge economy and ultimately implement the Third Renaissance concept in practice, the study concludes. These findings present major implications for policy design, innovation management and human capital development strategies in Uzbekistan.