Singapore Companies Win With Global IP Strategies
23 August 2016
At the IP Week @ SG 2016 opening ceremony, Indranee Rajah, senior minister of state, ministry of law, presented the WIPO-IPOS IP Awards to four Singaporean enterprises that used IP effectively to take their innovations to the world.
The award winners are:
· IPOS Award for Design Innovation: Innosparks
· IPOS Award for Technology Patent: NSP Tech
· IPOS Award for Trade Mark Portfolio: SK Jewellery
· (Overall Champion) WIPO IP Enterprise Trophy: NSP Tech
· WIPO Users’ Trophy: Unisantis Electronics Singapore
One of the panel’s esteemed judges is Hang Chang Chieh, executive director of the Institute for Engineering Leadership at the Faculty of Engineering, National University of Singapore. Owner of several patents, Hang says, “NSP’s invention is simple to use, effective and affordable – all thanks to the innovative design as well as extensive R&D in the manufacturing process. Its ease of use and the almost painless experience will encourage diabetes patients to do regular blood glucose monitoring at home. This Singapore invention has great market potential and its impending commercial success will bring benefits to millions of patients globally, as well as enhance the innovation reputation of Singapore.”
Congratulating the winners, Daren Tang, chief executive of IPOS, says, “Innovative businesses need to use IP strategically in order to stay ahead of their competitors and fully monetize their ideas. IPOS is proud to honour and celebrate local, innovative companies that have done this successfully. Together with our partners, IPOS will support and grow even more local entrepreneurs that can effectively translate their creative and innovative ideas into market share, which in turn will create jobs and help power our future economy.”
