Although for a long time policy has emphasized the role of intellectual property rights as a growth agent facilitating innovation, the literature has called into question this relationship. Critical studies have focused on studying policy frames and protection modes that could transform the intellectual property rights system to be more beneficial. Studies have not, however, focused on the intellectual property rights system stakeholders in cocreating the system. Our study contributes to the literature by uncovering the tensions in developing a national-level intellectual property rights strategy. Using the Delphi method, we draw from a broad stakeholder dialogue to show the barriers for intellectual property rights system development. Our results highlight that the development of intellectual property rights system is challenged by a lack of inclusiveness, matching capabilities, and high levels of disagreement among the stakeholders on development paths.