Singapore ranks second in the most innovative IP offices

24.04.2019

The Intellectual Property Office of Singapore (Ipos) hit the top three in the world’s most innovative intellectual property offices annual ranking. The World Trademark Review (WTR) placed Ipos in its IP Office Innovation Ranking for 2019 in the second place, after the EU Intellectual Property Office, alongside Chile and Spain.

Ipos was described by WTR as an „innovation agency” that “has a strong focus on providing education and support in business development”. These conclusions came mainly after the examination of three areas: value-added propositions, online capabilities and public outreach efforts.

Daren Tang, Ipos Chief Executive, said he is very pleased that the government agency reached such an achievement and its work in helping enterprises use IP for business growth and for training Singaporeans in IP and innovation-related skills was recognized at such level.

Among the innovative initiatives taken last year, that made Ipos shine between IP offices around the world, are to be mentioned a fast track scheme that supports fin-tech businesses to bring their IP faster to the market and an international IP innovation center to be set up in Singapore.

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