Intellectual property rights protection and enforcement is a key factor for promoting innovation, foreign trade and investment, and boosting economic development. In today’s digital environment of global knowledge sharing, the need to protect intangible assets is greater than ever.
Asia Pacific is a significant emerging market, with some regions more mature. The region has diverse industries ranging from the most sophisticated to traditional manufacturing sectors. The region is becoming globally competitive and attractive to foreign investors given the skill, knowledge resource, creativity, diversity and competitive products.
There is also a clear recognition by governments that strong and enforceable IP rights play an important role in encouraging transfer of technology, promoting innovation and influencing the implementation of trade policies. Member states share a strong commitment to nurture and improve their regional IP systems for which many have made the IPR processes technology friendly and are encouraging growth. With the current crises caused by the SARS-CoV-2 Pandemic and the US-China trade war, opportunity in the region is growing.
The 3rd Annual IPR Summit Asia Summit 2020 will delve on the aspects of providing meaningful and valuable insights from IP leaders by offering a mix of thought provoking and practical sessions while covering a wide range of topics along with a unique industry networking platform.
IPR provides a secure environment for investors, scientists, artists, designers, traders and others to foster innovation and scientific temper. This innovation often has potential to yield astronomical returns and rewards to creators and users. The legal structure for IPR reflects the underlying policy orientation and national priorities, which have evolved over time, considering the development needs and international commitments. Intellectual property protection is critical to fostering innovation.
For many businesses, intellectual property protects more than just an idea or a concept – it protects genuine business assets that may be integral to the core services of the business and overall long-term viability. Companies of all sizes are at risk of having their unique ideas, products or services infringed upon, even if they are on the other side of the world, making intellectual property protection more important than ever.
Asia Pacific Office:
30 Cecil Street
19‐06, Prudential Towers
Singapore ‐ 049712
Phone: +65 6589 8830
Email: get in touch