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30 August 2017Patents

IPOS partners with Deloitte to strengthen Singapore’s IP position

The Intellectual Property Office of Singapore (IPOS) and Deloitte have signed a memorandum of understanding (MoU) to work together on solidifying Singapore’s position as an IP and innovation hub.

The MoU combines IPOS’s knowledge in IP with Deloitte’s global business network. The agreement was signed by Daren Tang, chief executive of IPOS, and Keoy Soo Earn, executive director of Deloitte Southeast Asia’s financial advisory practice.

IPOS and Deloitte aim to help a group of 100 enterprises become global market leaders.

The partnership will seek to use IP and other assets to allow the companies to compete on a global scale, as well as commercialise IP for business growth.

IPOS and Deloitte will promote companies to gain a stronghold in Singapore and monetise their ideas and IP through easy access to market opportunities.

Keoy said: “Through this partnership with IPOS, we are committed to help more innovative, IP-centric enterprises achieve their next phase of growth and establish a stronger foothold in the global markets by leveraging on their intellectual assets.

“Enterprises will be able to tap on our global networks and professional expertise to gain a deeper access into technology, market and growth capital.”

Tang said the partnership will help Singapore “enrich its innovation ecosystem with the right skills and global networks to help enterprises anchor their ideas and innovation in Singapore” and monetise their IP and intangible assets.

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21 September 2016   The ASEAN countries are at the beginning of a decade-long strategic plan to boost IP in the region, says Chew Phye Keat, president of the ASEAN IPA, who talks to WIPR.