The IP Hub Master Plan is an important long term strategy document for IP professionals and companies in

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1 The IP Master Anna F the regional centre for global intellectual assets. The IP Hub Master Plan is an important long term strategy document for IP professionals and companies in strategies to transform Singapore into a global IP Hub in Asia. commercialization even for ideas not - Stanley Lai, partner and IP head, Allen & Gledhill, Singapore resolution. To achieve these three goals, 15

2 16 technology sectors. Master Vision who also sits on the steering committee board, tells The IP and court regimes are accessible and affordable. This ensures that IP rights owners can more easily and quickly protect and enforce their rights compared to other nearby jurisdictions. easily interact, share knowledge and Although all the recommendations in still in its early days as a large number of recommendations are still in their and infrastructure Global Competitiveness Report, it an attractive and trusted location in Asia for doing business, stability is the one that multinationals value the most while doing - Michelle Ng, managing partner, Donaldson & Burkinshaw, Singapore engine of growth, they are fully committed rights owners can more easily and patent. It is therefore hard to get rid of bad patents. A set of guidelines could be published which will set out how of a patent, including explaining the - Kristian Robinson, director and head of patents, Spruson & Ferguson, Singapore one day established.

3 Trademark Prosecution Trademark Contentious Tier 1 Tier 2 Tier 3 Tier 4 Ella Cheong Allen & Gledhill Patrick Mirandah Co Amica Law Joyce A Tan & Partners Lee & Lee Yusarn Audrey Francine Tan Law Corporation Samuel Seow Law Corporation Wong Partnership Tier 1 Tier 2 Tier 3 Tier 4 Allen & Gledhill Amica Law Joyce A Tan & Partners Lee & Lee Colin Ng & Partners Francine Tan Law Corporation Samuel Seow Law Corporation Companies can look forward to supports IP protection, management and monetization. This includes IP portfolio management, technology transfer, commercialisation, IP more concerted efforts can be made to - Jason Chen, programme director, The New Gold integrated system that covers each

4 May

5 Patent Prosecution Patent Contentious Tier 1 Tier 2 Tier 3 Tier 4 Marks & Clerk Spruson & Ferguson Allen & Gledhill McLaughlin IP Yusarn Audrey Amica Law Lee & Lee Patrick Mirandah Co Pyprus Tier 1 Tier 2 Tier 3 Tier 4 the worst case scenario, the refusal the necessary steps to ensure that, at an early stage, applications satisfy all the criteria for grant, such as patentability, claim relatedness, says. A relatively small domestic market, - Gerald Koh, director, Drew & Napier, Singapore Allen & Gledhill Amica Law Lee & Lee Spruson & Ferguson region, there will be increased interest There are two main reasons for availability of government funding, for 19

6 With the increased IP awareness in the ASEAN region, there will be increased interest and opportunities for commercialization of their technologies. environment to drive regional business - Adam Bogsch, partner, Viering, Jentschura & Partner, Singapore suggests that it will be unique for with investors taking more active interest registration and enforcement, as an fundamental mindset shift heralds an 20

7 opportunities to establish interoperability of IP regimes with international and regional IP touch points or infrastructure, and building international networks and collaboration. the commitment of the government and - Audrey Goh, senior associate, Viering, Jentschura & Partner, Singapore them better access to the right quality might be able to better license and 21

8 particularly helpful to small and medium sized companies. Large companies always know where the big boys. The master plan will encourage banks to lend money to SMEs. resulting innovations. There are going - M Ravindran, partner, Ravindran Associates, Singapore realizing better commercialization of their also training subsidies available, and all the innovation environment by adding 22

9 Singapore already has a sound reputation for a system. The challenge is that what difference the master plan will make. We will not be sure more clearly. - Bharat Dube, CEO, Strategic IP Information, Singapore The challenge is that what difference be sure until the government details its consideration. manner. 23

10 For multinationals, licensing is where they generate a large portion is recognized and taxed. How IP is recognized are all issues that need to be further studied and optimized. - Guy Proulx, CEO and chairman, recognized are all issues that need to be revealed. serving the region, which might attract multinationals to get more advice for 24

11 We had foreign patent attorneys as tutors [in a patent drafting course in 2000]. These people had a wealth of knowledge and shared real life experiences with us, something you don t learn from school. - Patsy Koh, head of patents, areas of technologies necessary to Asia IP. the need for translation and reduces costs. 25

12 most work with the other assets of the branding and design professionals who understand IP and would take IP into consideration while working on corporate strategies. - Renee Xavier, director, Alpha & Omega, Singapore resources. A more immediate effect the master that should increase the demand for technical adds. Academy, an educational initiative that 26

13 government subsidies might make them more affordable. I think Singapore has done well in the past two decades to create a respectable IP regime to support a forward, the challenge is to ensure out. costs, and with a relatively small domestic market, it could be - Daniel Poh, partner, Marks & Clerk, Singapore and building international networks and is one of the strategic reasons for AIP

14 the fees will be but if the fees are relatively high, we may have to As IP itself becomes an asset of namely through registration and than expense. This fundamental mindset shift heralds an exciting in parallel with the liberalization of ASEAN. - Wendy Low, partner, Rajah & Tann, Singapore Mastering the Future will be the key that makes the scheme a take many years to roll out and the ideas he adds. 28

15 A New Patent World Johnny Chan. : consider signing a similar deal with other South American emerging economy with a huge domestic market and one of What will encourage the establishment and expansion of R&D in Singapore is the change in the patent examination regime from self Michelle Ng: environment. A similar deal with others can allow more transatlantic environment. Ng Chee Weng: South American countries, would be other countries. Murugesan Sethu: strong legislative framework that should 29

16 Similar collaborations with other South American allow our local industry to be less leveraged on multinational : managing director, associate general counsel, there. MS: MN: 30

17 CG: Enforceability is another factor that attracts besides litigation. : MN: CG: heightened. : With the international patent agreements and new so there should be enough local graduates with the basic foundation to MS: local team. : examined and granted in Singapore encourage them to Additionally, the new laws, effective by the end of 2013, enhance 31

18 implements policies, educates and trains on IP, and administers judicial functions. may be greatly reduced. Those factors certainly attract more MN: NCW: worldwide generally focus on being registries, but ours reviews between the various roles, so the regulatory body should always for grabs by anyone with access to the internet. : to promote IP awareness among Some government agencies and have also contributed substantially to increase in awareness. CG: NCW: etc, are the more crucial factors. : status. MN: 32 CG: legal, administrative and other related fees incurred in the

19 : measures. MN: Favourable attitudes towards counterfeits have remained as they know only the manufacturers, sellers or commercial users of fakes will SL: Therefore, we should continue though the visibility of fakes both online NCW: CG: message against counterfeits or illegal downloads is clear. run. AIP 33

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