(ip) hub master plan - Ministry of Law

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6.2. IP COMPETENCY FRAMEWORK 6.2.1. The IP Competency Framework (IPCF) has been developed by IPOS to define the competencies required for key IP professionals and practitioners in the industry, and to accredit the attainment of these competencies into Continuing Professional Development qualifications recognised by the industry. The IPCF covers a wide range of IP expertise, and a brief summary of these job roles is provided in Figure 6.1. IP Legal Senior IP Counsel Chief Legal Officers IP Legal Advisors IP Mediators / Arbitrators IP Lawyers IP Legal Associates IP Paralegals IP Valuation and Finance IP Financial Advisors IP Valuation Analysts IP Valuers, Investors, Financiers and Insurers Figure 6.1.: Summary of IP expertise under the IPCF. 6.2.2. A holistic IP ecosystem will need to be supported by a comprehensive pool of professionals across the IP value chain. Based on industry feedback, Singapore’s IP and innovation sectors would benefit if there were stronger expertise in the commercialisation aspect of the value chain. This would include Technology Transfer Managers (translating research areas and early stage technologies into new products through prototyping and commercialisation) and IP Managers (having a keen understanding of technology and negotiating licensing agreements to bring new technologies to the market). It is encouraging that the development of these professionals will be covered under the IPCF. 55 IP EXPERTISE IP Technology / Commercialisation Chief Technology Officers IP Management Directors IP / R&D / Technology Transfer Managers IP Engineers IP Administrators IP Drafting and Prosecution Patent Strategists Patent Agents / Examiners Trademark Agents / Examiners Patent Associates IP Paralegals IP Administrators IP Intelligence and Strategy Chief IP Officers IP Management Consultants IP Brokers IP Information Analysts IP Executives
6.2.3. The IPCF provides tailored and structured multi-disciplinary training pathways for IP professionals, new entrants and even mid-careerists. Multiple career pathways are articulated for both lateral and vertical career advancement. Hence, this framework maps out opportunities for professionals to explore and maximise their potential across different disciplines (e.g. business, finance, technical, legal, etc.), in various job roles across the IP sector. Box 6.1: Illustration of multiple pathways offered by the IPCF. Example: Options for Technical Specialists Technical specialists in R&D-related fields, e.g. researchers, scientists and engineers (RSEs), can undergo customised IP technology advisory training programs in IP management, technology transfer and R&D management to move laterally and / or advance vertically, eventually becoming R&D managers and so on. Those keen on further advancement could focus on training to take on higher-level technical advisory and business development roles. They could also consider alternative career paths for other IP job roles such as Patent Agents or Patent Examiners. 6.2.4. Given the backdrop in Asia and ASEAN, there will be strategic areas of manpower expertise that Singapore should develop in order to gain a strong competitive edge over other countries. These are specialised skill sets highly sought after by companies and IP service providers looking to establish operations in Singapore, as well as offshore firms aiming to protect, commercialise and actively manage their IP in Asia. Recommendation 5-1 Develop strategic areas of expertise under the IP Competency Framework (IPCF), with specific focus on, but not limited to Patent Agents, IP Management Directors, IP Strategists and IP Valuation Analysts, and to serve as a training hub for IP professionals in the region to better create a strong network of IP skills and expertise across jurisdictions. 6.2.5. Singapore should invest in developing a broad range of expertise spanning different areas of the IP value chain. Among these, there should be a strong focus on (but not limited to) the following areas of specialisation: Patent Agents — Act for clients in the drafting and prosecution of patents and render advice on patentability of clients’ inventions. As mentioned in Chapter 4, there is scope to grow a larger pool of quality patent agents with knowledge of IP laws and practices of other countries and skill sets that extend beyond conventional services such as patent drafting and 56
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INTELLECTUAL PROPERTY (IP) HUB MAST
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1 March 2013 Mr K Shanmugam Ministe
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28 March 2013 Mr Teo Ming Kian Chai
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CHAPTER 6 - ENABLER 1: SKILLED MANP
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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 and 26: Asian payments). 4,13 In other word
Page 27 and 28: 2.6. ENABLER 2: A CONDUCIVE AND PRO
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
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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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