Assumption 4. New Zealand's IP Policy Intends to Facilitate Innovation and Creativity

New Zealand's IP policy is strategically designed to cultivate an environment conducive to innovation and creativity (MBIE 2019). IP regulatory framework is instrumental in enabling individuals and enterprises to safeguard their ingenuity and investment in developing new products. New Zealand's policy implies that, without IP rights, there could be a detrimental impact on both local innovation and the introduction of international products into the New Zealand market, stressing the policy's role in motivating the creation of new goods and services. Essentially this makes current assumption nested on Assumption 3. TRIPS Recognises Producer-User Relations.

Further, New Zealand's IP policy can be seen as a strategic tool aimed at balancing the protection of original works while avoiding the monopolisation of ideas that could stifle further creativity. It acknowledges the reality that many advancements available in New Zealand have international roots, thereby emphasising that foreign innovators should be able to comfortably participate in the domestic market. The coupling of protection for local inventors with welcoming foreign innovation underscores the dual aim of New Zealand's IP stance: to become a hub of technological progress and artistic expression, serving both national interests and the global creative community.