Singapore unveils intellectual property initiatives to support Asean Industry 4.0

THE Intellectual Property Office of Singapore has announced a series of initiatives to support Asean’s Industry 4.0 development.

The pilot project will run for two years starting Aug 27, and will allow businesses and innovators to see a six-month turnaround time under the new initiative called ASPEC Acceleration for Industry 4.0 Infrastructure and Manufacturing .ASPEC refers to the Asean Patent Examination Cooperation, a regional work-sharing programme which reduces the cost and waiting time to obtain a patent in an Asean country.

ISAs and IPEAs are appointed international authorities that carry out international search and international preliminary examinations. Currently, Singapore and the Philippines are among the 23 IP offices around the world appointed as ISAs and IPEAs. This includes an MOU with the UK Intellectual Property Office to establish a broad framework for both offices to explore cooperation in IP protection, commercialisation and utilisation.

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