Ipos committed to helping enterprises turn ideas into assets

The Committee on the Future Economy (CFE) has highlighted the need for our enterprises to innovate and scale up as a key strategic focus to generate jobs and build Singapore's economy ("Small enterprises should seek ways to protect intellectual property" by Mr Joachim Sim; Feb 6, and "Boost IP regime, start-up ecosystem and fund-raising options"; Feb 10).

Following the CFE report, the Intellectual Property Office of Singapore (Ipos) will be updating our IP Hub Master Plan to strengthen Singapore's intellectual property (IP) ecosystem in helping our innovators and enterprises to extract value from their IP.

The updates, to be announced in April, are aimed at adding to the existing array of IP resources, services and programmes designed to support innovation and entrepreneurship in Singapore.

Applicants who are filing their IP can use Ipos' e-service portal, IP2SG, which has been made simpler, faster and more cost-effective.

Beyond filing, innovators and enterprises can make use of IP 101, a one-stop centre that offers customised services on creation, protection and monetisation of their innovations.

  • FORUM NOTE: IP ValueLab is a subsidiary of Ipos that helps innovative businesses compete globally through solutions in innovation and IP management.

One such service is our complimentary IP Business and Legal Clinics that link IP owners and businesses with expertise on franchising and licensing, managing intangible assets, IP financing and valuation, and IP dispute resolution.

Ipos is also building our teams of IP management consultants to help budding entrepreneurs at business incubators such as SGInnovate and Bash (Build Amazing Startups Here).

Through these teams, we offer consultations to start-ups on competitor analysis, risk management and monetisation of intangible assets.

Entrepreneurs and enterprises that are venturing beyond Singapore can also tap Ipos' extensive international networks.

Michelle Tan (Ms)

Director

IP ValueLab

A version of this article appeared in the print edition of The Straits Times on February 15, 2017, with the headline 'Ipos committed to helping enterprises turn ideas into assets'. Print Edition | Subscribe