(ip) hub master plan - Ministry of Law

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Trade Mark Office (USPTO) and the European Patent Office (EPO)) accounted for almost 95% or more of the total filings and of first filings in Asia, and are expected to continue their dominance in the next decade. Nevertheless, there is certainly room for Singapore to increase its market share, so as to create more demand for the IP services sector in Singapore. Singapore should aim to raise its relative attractiveness and be one of the choice destinations within Asia for the filing of patents, and other registrable IP rights like trademarks and designs. 2.3.4. Being a gateway for IP filings in other markets can also be achieved through commercial IP services. Indeed, Singapore-based IP service providers are already undertaking considerable work, helping foreign companies co-ordinate their IP filings, develop IP strategies, and other related work in regional markets. We should aim to grow such offshore work as an IP Hub. 2.4. STRATEGIC OUTCOME 3: A HUB FOR IP DISPUTE RESOLUTION 2.4.1. Singapore should position itself as a preferred location for IP dispute resolution. Our strong rule of law and highly regarded Courts are strengths that will help attract global IP disputes to be settled here. The IP Court received 40 cases in 2011, 16 while the Singapore International Arbitration Centre (SIAC) handles only a few IP-related cases today. There is potential to increase this as Singapore plays host to more IP activities, and as more disputes arise in Asia following greater cross-border collaborations and require trusted, efficient avenues for their resolution. 2.4.2. Overall, Singapore should strive to be the most preferred seat for IP dispute resolution in Asia. 2.5. ENABLER 1: SKILLED MANPOWER RESOURCES NETWORKED TO THE REGION AND BEYOND 2.5.1. As with any other industry, the growth of Singapore as a Global IP Hub in Asia must be supported by a deep pool of world-class skilled manpower plugged into the network of Asian markets and beyond. Singapore must seek to nurture the development of IP manpower in Singapore by attracting the right talent from within and overseas, and ensuring the quality of training with emphasis on continued professional development for IP professionals. 16 This includes patent, trademark and copyright infringement actions, and counterclaims for revocation of patents. There may also be IP disputes in broader commercial cases that are heard at other Courts. 19
2.6. ENABLER 2: A CONDUCIVE AND PROGRESSIVE ENVIRONMENT FOR IP ACTIVITIES 2.6.1. An environment that is conducive for IP-related activities is also critical to the sustainable development of Singapore as a Global IP Hub in Asia. Singapore must create a rich, vibrant and innovative ecosystem of IP activities and IP stakeholders that is teeming with buzz and excitement. We should support companies managing their IP and servicing the Asian markets from Singapore. Our environment should be a progressive one that promotes discourse and forward thinking, and encourages innovative ideas that keep pace with and signposts international IP developments. Most importantly, the environment should enhance Singapore’s visibility and mindshare as an IP Hub amongst the international community and in particular Asia. 2.6.2. Chapters 3 to 7 set out the Committee’s specific recommendations to achieve the three strategic outcomes, supported by the two enablers, to develop Singapore as a Global IP Hub in Asia in the next decade. 20
Page 1 and 2: INTELLECTUAL PROPERTY (IP) HUB MAST
Page 3 and 4: 1 March 2013 Mr K Shanmugam Ministe
Page 5 and 6: 28 March 2013 Mr Teo Ming Kian Chai
Page 7 and 8: CHAPTER 6 - ENABLER 1: SKILLED MANP
Page 9 and 10: Strategic outcome 2: A hub for qual
Page 11 and 12: filings in Singapore. In addition,
Page 13 and 14: as to enhance Singapore’s tax env
Page 15 and 16: Recommendation international IP con
Page 17 and 18: 1.2.2. To assist the formulation of
Page 19 and 20: 1.3.6. Within Asia, IP is a rapidly
Page 21 and 22: International Institute for Managem
Page 23 and 24: CHAPTER 2 KEY STRATEGIC OUTCOMES AN
Page 25: Asian payments). 4,13 In other word
Page 29 and 30: 3.1.3. There is potential for Singa
Page 31 and 32: take place. The availability of mar
Page 33 and 34: 3.2.10. A digital copyright licensi
Page 35 and 36: 3.3.4. Although IP financing is a m
Page 37 and 38: 3.3.10. The Committee recommends th
Page 39 and 40: C. IP Funds 3.3.16. There has been
Page 41 and 42: level of confidence and trust in IP
Page 43 and 44: CHAPTER 4 STRATEGIC OUTCOME 2: A HU
Page 45 and 46: ecommendations to ensure that their
Page 47 and 48: with the key features being the abi
Page 49 and 50: 4.3. INTERNATIONAL COLLABORATION WI
Page 51 and 52: B. Collaboration within ASEAN 4.3.8
Page 53 and 54: 4.4.5. Singapore-qualified patent a
Page 55 and 56: streamlined procedures which have m
Page 57 and 58: practitioners and rights holders. M
Page 59 and 60: Conventional preference and familia
Page 61 and 62: CHAPTER 6 ENABLER 1: SKILLED MANPOW
Page 63 and 64: 6.2.3. The IPCF provides tailored a
Page 65 and 66: lateral movement and vertical progr
Page 67 and 68: CHAPTER 7 ENABLER 2: A CONDUCIVE AN
Page 69 and 70: Unilateral tax credit for royalty i
Page 71 and 72: Forum, an interdisciplinary, pan-Eu
Page 73 and 74: CHAPTER 8 CONCLUSION 8.1. The globa
Page 75 and 76: S/N Name Designation 10. Mr Suresh
Page 77 and 78:
S/N Name Designation 14. Dr WONG Wo
Page 79 and 80:
S/N Name Designation 12. Mr Sivanan
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(ip) hub master plan - Ministry of Law

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