fbpx

Singapore Puts Intellectual Property Focus On Innovation

Intellectual Property

Singapore aims to become a global hub for intangible assets and intellectual property

Singapore has released a new decade-long roadmap paving out plans to boost its role as a global hub for intangible assets (IA) and intellectual property (IP). These are expected to include changes to its legislative framework involving the use of big data and artificial intelligence (AI) technologies.

IP Blueprint

Spanning through to 2030, its new IP blueprint would be led by a committee with representatives from more than 10 government agencies including the Intellectual Property Office of Singapore (IPOS), Ministry of Trade and Industry (MTI), Infocomm Media Development Authority (IMDA), and Agency for Science, Technology, and Research (A*Star).

The 10-year roadmap was formally announced Monday and laid out recommendations aimed at bolstering Singapore’s place as a global hub for IA and IP, attracting and growing innovative businesses using IA and IP, as well as developing skillsets and jobs in the two areas.

Source: Eileen Yu | ZDNet