Singapore consistently ranks amongst the world’s top eight most innovative countries, this success can be attributed to Singapore’s Research, Innovation, and Enterprise 2025 (RIE 2025) strategy which supports the innovation landscape from R&D to value capture. Yet, more can be done by way of IP commercialisation to better innovation efficiency.
Public-private partnerships (PPP) are key to achieving this. Yet, despite the value that IP commercialisation generates, successful collaborations are often complex and multi-faceted. For one, dexterity is required to maintain that delicate balancing act; that elusive Goldilocks zone where an ecosystem conducive enough to encourage widespread adoption of innovation, while still allowing the vendor some degree of exclusivity, is established and sustained.
Should partnerships be seen as a mere game of tug of war? Or is viewing these nuanced relationships through a binary lens overly reductive? How can we do better in creating an ecosystem that rewards innovation and supports growth?
Join us this 18th COP as we embark on a mission to find that sweet spot where the magic happens – one where our IP regime supports the commercialisation of innovation, such that we can leverage on the strengths of the private sector and bring-to-market revolutionary innovations that will generate both societal and economic value.
Perspectives from the Industry
In conjunction with the IP Week @ SG 2023 theme of “Celebrating IP”, we seek to recognise the contributions of our stakeholders in the journey towards SIPS 2030. Joining us this 18th COP, will be three speakers from private entities who will share with us the latest developments in PPP from sectors in AI & business intelligence, land transport and real estate. Together, we will explore how our IP regime can best support such collaborations as we progress onward as one Singapore.