dotlah! dotlah!
  • Cities
  • Technology
  • Business
  • Politics
  • Society
  • Science
  • About
Social Links
  • zedreviews.com
  • citi.io
  • aster.cloud
  • liwaiwai.com
  • guzz.co.uk
  • atinatin.com
0 Likes
0 Followers
0 Subscribers
dotlah!
  • Cities
  • Technology
  • Business
  • Politics
  • Society
  • Science
  • About
  • Technology

Singapore To Offer The World’s Fastest Patent Application To Grant

  • April 28, 2020
Total
0
Shares
0
0
0

In conjunction with the World Intellectual Property Day 2020 celebrations themed “Innovate for a Green Future”, the Intellectual Property Office of Singapore (IPOS) will offer a pilot programme to accelerate grants of patent applications in all technology fields to just six months, starting from 4 May 2020. The programme – the SG Patent Fast Track – is the world’s fastest application-to-grant process of its kind.

The technology-neutral programme reflects the important role IP offices play in supporting innovators and their solutions to address global developments in sustainable development, and particularly in current times, that of public healthcare. Examples of technologies that the programme will benefit include:

  • Technologies with a social impact (e.g. GreenTech relating to sustainable food production, climate change, waste, water and energy management),
  • Technologies with healthcare impacts (e.g. digital health solutions, tracing apps, ventilators, diagnostics kits) among others, and
  • Emerging technologies with a short product lifecycle (e.g. FinTech, Industry 4.0, Artificial Intelligence).

Under the programme, innovators can expect their qualifying patent applications to be granted in as quickly as six months, compared to a typical period of two years or more. The pilot is planned to end on 29 April 2022. Circular No. 2/2020 details the eligibility criteria and application process.

Ms. Sharmaine Wu, Director of Patents, Designs & Plant Varieties of IPOS, said: “In these unprecedented times, IP Offices need to step up efforts to support solutions that deal with the global challenges. A week ago, IPOS International, a wholly-owned subsidiary under IPOS, announced a free online training course on IP essentials for businesses. We now offer this SG Patent Fast Track programme because we understand the needs of innovators. Through this, IPOS is staying ahead of the curve, and is committed to supporting innovators and enterprises across technology sectors to bring their products and services faster to investors and global markets. The move also strongly complements Singapore’s drive towards becoming a global research and development hub.”

The new scheme will replace IPOS’s two other successful initiatives, the FinTech Fast Track (FTFT) and Accelerated Initiatives for Artificial Intelligence (AI2) launched in 2018 and 2019, respectively. Till date, there have been 86 eligible applications under both schemes, 70% of which were filed by Singapore entities. Local companies that have obtained accelerated patent grants include Qrypted Technology and Skyrus Network.

The SG Patent Fast Track programme comes as global IP filing activities continue to grow at a rapid pace with patent filings around the world alone, exceeding 3.3 million, representing a 5.2% growth between 2017 and 2018[3]. According to WIPO’s latest report, Asia is the hub for global patent filings, receiving over two-thirds (66.8%) of all applications filed worldwide in 2018[4]. Singapore’s robust IP ecosystem has also seen a growth in patent applications filed through Singapore, with a 46% increase, from 9,685 to 14,136 between 2012 and 2019. Innovators are increasingly building their international IP and IA portfolios through Singapore, by relying on IPOS’s patent reports to support their request for patent processing internationally. In 2019, there was a 234% increase (year-on-year) in the use of IPOS reports to accelerate patent grants in other jurisdictions – including major economies like the US, Japan, China and Europe – via IPOS’s Patent Prosecution Highway network.

Total
0
Shares
Share
Tweet
Share
Share
Related Topics
  • AI2
  • Artificial Intelligence
  • Intellectual Property Office of Singapore
  • IPOS
  • World Intellectual Property Day
dotlah.com

Previous Article
  • Cities
  • People

Will The ‘Singapore Model’ Survive The Pandemic?

  • April 28, 2020
View Post
Next Article
  • Cities

Singapore Polytechnic Graduates Respond To COVID-19 Pandemic With Love And Empathy

  • April 28, 2020
View Post
You May Also Like
View Post
  • Cities
  • Technology

Meralco PowerGen’s PacificLight starts up 100 MW fast-response plant in Singapore

  • dotlah.com
  • June 20, 2025
View Post
  • Technology

Apple services deliver powerful features and intelligent updates to users this autumn

  • Dean Marc
  • June 12, 2025
View Post
  • Artificial Intelligence
  • Machine Learning
  • Technology

Apple supercharges its tools and technologies for developers to foster creativity, innovation, and design

  • Dean Marc
  • June 11, 2025
View Post
  • Technology
  • Working Life

It’s time to stop debating whether AI is genuinely intelligent and focus on making it work for society

  • dotlah.com
  • June 8, 2025
oracle-ibm
View Post
  • Artificial Intelligence
  • Technology

IBM and Oracle Expand Partnership to Advance Agentic AI and Hybrid Cloud

  • Dean Marc
  • May 6, 2025
View Post
  • Software
  • Technology

Canonical Releases Ubuntu 25.04 Plucky Puffin

  • Dean Marc
  • April 17, 2025
View Post
  • Artificial Intelligence
  • Technology

Tokyo Electron and IBM Renew Collaboration for Advanced Semiconductor Technology

  • Dean Marc
  • April 2, 2025
View Post
  • Artificial Intelligence
  • Technology

IBM contributes key open-source projects to Linux Foundation to advance AI community participation

  • dotlah.com
  • March 22, 2025


Trending
  • 1
    • Lah!
    IMF Reaffirms Singapore’s Financial Sector Oversight As “Among the Best Globally”
    • July 16, 2019
  • 2
    • People
    • World Events
    The Mysterious Disappearance Of The First SARS Virus, And Why We Need A Vaccine For The Current One But Didn’t For The Other
    • May 5, 2020
  • 3
    • Cities
    • Lah!
    OneService App Turns Three!
    • January 23, 2018
  • 4
    • Cities
    • Lah!
    UOB Launches U-Energy, Asia’s First Integrated Financing Platform To Drive Energy Efficiency
    • October 16, 2021
  • 5
    • Lah!
    First-Of-Its-Kind Memorandum Of Understanding Signed Between Youth Non-Profit Organisation And Local University
    • August 31, 2021
  • 6
    • Cities
    • Lah!
    PMD Etiquette Every Singaporean Should Know
    • October 21, 2019
  • mpa-singapore 7
    • Cities
    • Lah!
    19 Port Authorities Signed Declaration On Disruption, Digitalisation And Decarbonisation At The 6th Port Authorities Roundtable
    • June 29, 2021
  • 8
    • Cities
    • People
    Developing Countries Could Get Sick Before They Get Rich. Policy Can Help
    • March 9, 2020
  • 9
    • Cities
    • Lah!
    Ascott Is World’s First Hospitality Company To Offer Global Telehealth, Telecounselling And Travel Security Advisory To Guests
    • June 1, 2021
  • sunset-hill-seattle-evan-tahler-odMN4BZzDSo-unsplash 10
    • Cities
    How 18 Million Americans Could Move Into Rural Areas – Without Leaving Home
    • March 11, 2021
  • 11
    • Cities
    • People
    America’s Most Diverse, Mixed-Income Neighborhoods
    • June 9, 2020
  • PiPiPi 12
    • Gears
    The Unexpected Pi-Fect Deals This March 14
    • March 14, 2025
Trending
  • 1
    Meralco PowerGen’s PacificLight starts up 100 MW fast-response plant in Singapore
    • June 20, 2025
  • 2
    A Father’s Day Gift for Every Pop and Papa
    • June 14, 2025
  • 3
    Apple services deliver powerful features and intelligent updates to users this autumn
    • June 12, 2025
  • 4
    Apple supercharges its tools and technologies for developers to foster creativity, innovation, and design
    • June 11, 2025
  • 5
    It’s time to stop debating whether AI is genuinely intelligent and focus on making it work for society
    • June 8, 2025
  • 6
    PBBM asks Singapore to invest more in PH renewable energy projects
    • June 6, 2025
  • 7
    Singapore PM Wong arrives in Malacañang
    • June 4, 2025
  • 8
    Renewable energy, carbon credits are priority areas of cooperation for Singapore, Philippines: Lawrence Wong
    • June 4, 2025
  • 9
    Singapore businesses eye more investments in PH, says PM Wong
    • June 4, 2025
  • 10
    The Summer Adventures : Hiking and Nature Walks Essentials
    • June 3, 2025
Social Links
dotlah! dotlah!
  • Cities
  • Technology
  • Business
  • Politics
  • Society
  • Science
  • About
Connecting Dots Across Asia's Tech and Urban Landscape

Input your search keywords and press Enter.