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(ip) hub master plan - Ministry of Law

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Figure 4.1.: Applications by geographical region, 2010. 25<br />

4.1.3. The “IP Five” <strong>of</strong>fices are in constant pursuit to improve their IP regimes in various<br />

aspects, including increasing the quality <strong>of</strong> the examination processes and granted<br />

IP, and enhancing resource management to reduce backlog. To attract more IP<br />

filings to Singapore, we must constantly enhance our IP regime to align ourselves<br />

with these top IP regimes and remain in step with international trends. We also<br />

need to build a strong and vibrant IP services sector that is capable <strong>of</strong> supporting<br />

the higher demand for IP services, which could in turn help to attract even more IP<br />

filings to Singapore. Such a virtuous cycle can help create many high-value<br />

employment opportunities for our IP pr<strong>of</strong>essionals.<br />

4.2. ROBUST AND WORLD-CLASS IP REGIME<br />

4.2.1. The dynamic development <strong>of</strong> today’s business environment has brought all forms<br />

<strong>of</strong> IP to the fore – from trademarks to designs to trade secrets – so as to accord<br />

strong and holistic protection to a company’s intellectual creations. Some <strong>of</strong> the<br />

recent global smartphone disputes, for example, hinged primarily on design patent<br />

rights. In the UK, the Hargreaves Review focusing on copyright law made<br />

25 WIPO. 2012 IP Facts and Figures.<br />

http://www.w<strong>ip</strong>o.int/export/sites/www/freepublications/en/statistics/943/w<strong>ip</strong>o_pub_943_2012.pdf<br />

(accessed Feb 2013).<br />

37

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