The Paris Convention for the Protection of Industrial Property was born. This international agreement is the first major step in helping authors ensure that their intellectual works are protected in other countries. The need for international intellectual property protection (IP) became clear when foreign exhibitors refused to participate in the International Inventions Exhibition in Vienna, Austria, in 1873, because they feared that their ideas would be stolen and exploited commercially in other countries. The Paris Convention includes: the organisation enjoys the privileges and immunities granted to international organizations and their officials in the performance of their objectives and in the performance of their duties, and has entered into a siege agreement with the Swiss Confederation. The second general group, global protection contracts, ensures that an international registration or deposit is effective in one of the signatory states concerned. The services provided by WIPO under these contracts simplify and reduce the costs of filing individual applications or applications in all countries where protection is required for a given IP fee. Unlike other UN agencies, WIPO has significant financial resources, regardless of the contributions of its member states. In 2018, WIPO`s revenue was CHF 430.6 million  74.6% of WIPO`s revenue for 2018 came from the patent cooperation cooperation contract (PCT) taxes. [Citation required] The organization`s head office is in Geneva, Switzerland. The organization has liaison offices in Brazil (Rio de Janeiro), Japan (Tokyo), Singapore (Singapore) and the United States of America (united Nations in New York).
The third and final general category is classification contracts, which create classification systems that organize information on inventions, brands and industrial models in indexed and manageable structures for simple consultation. The WIPO conference is made up of states parties to the WIPO convention. These include the authority responsible for the adoption of amendments to the convention. THE WIPO Coordinating Committee is made up of members elected from the executive committee of the Paris Union and the executive committee of the Bernese Union. Its main task is to advise the EU institutions, the General Assembly, the Conference and the Director-General on all administrative and financial matters of interest to these bodies. It also prepares the draft agenda of the General Assembly and the draft agenda of the Conference. If necessary, the Coordinating Committee appoints a candidate for the position of Director General to be appointed by the General Assembly. The agreement marked a transition from WIPO`s 1967 mandate from BIRPI to promote intellectual property protection to a mandate that involved the more complex task of promoting technology transfer and economic development.  [Need for an audit offer] Since 2009, WIPO has published annual global IP indicators that provide a wide range of indicators in the areas of intellectual property.
 It is based on data from national and regional IP offices, WIPO, the World Bank and UNESCO.  WIPO`s activities include hosting forums for discussion and development of international IP rules and guidelines, the provision of comprehensive services that record and protect IP addresses in different countries, the resolution of cross-border IP disputes, assistance in connecting IP systems with uniform standards and infrastructures, and the provision of a general reference database on all IP-related issues; This includes providing reports and statistics on the state of intellectual property protection or innovation, both worldwide and in some countries.  WIPO is also working with governments, nails and individuals to use the intellectual country for socio-economic development.