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Steady progress in Singapore's intellectual property sector growth: IPOS

More than 300 new high-value added jobs were created in the intellectual property (IP) sector last year. This shows a healthy interest and confidence in Singapore's IP and innovation landscape, said the Intellectual Property Office of Singapore (IPOS).

SINGAPORE: More than 300 new high-value added jobs were created in the intellectual property (IP) sector last year.

According to the Intellectual Property Office of Singapore (IPOS), this shows a healthy interest and confidence in Singapore's IP and innovation landscape.

IPOS shared that 68 lawyers were recruited to practise IP, 100 IP managers were recruited for the technology industry, more than 80 new patent and trademark agents were hired for the R&D sector, and that 54 business consultants found jobs in the business advisory service sector.

IPOS said this promising trend of high-value job creation is a result of the increased demand for IP services.

IPOS said more high-technology companies, especially in the area of chemistry and bio-technology, are coming to Singapore.

There were also more trademark and patent filings at the end of 2013.

IPOS added that total trademark applications have increased by almost 15 per cent over the past two years.

Last year, there were 40,000 trademark applications.

Chief Executive of IPOS, Mr Tan Yih San said: "We are enthused by the improved condition and good jobs created in the IP industry in Singapore. This is a strong indicator of various efforts undertaken to shore up the IP industry as we move towards a knowledge-based economy."  

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