Director’s Duty
2019-05-16Partial Tax Exemption
2019-06-18IPOS
Intellectual Property Office of Singapore (IPOS)
International surveys agreed that Singapore’s intellectual property system is one of the best in the world.
In the “2019 Global Competitiveness Report” released by the World Economic Forum, Singapore has the second-highest level of intellectual property protection in the world and first in Asia. Overall, Singapore is the most competitive country in the world.
Singapore ranks fourth in the 2019 International Property Rights Index, which measures a country’s property rights system, including intellectual property rights and real property rights.
According to the 2019 International Intellectual Property Index released by the American Chamber of Commerce, Singapore ranks tenth out of 45 indicators involving patent, trade mark, copyright and trade secret protection.
The 2020 Bloomberg Innovation Index ranks Singapore as the third-largest economy in the world. The indicators measured by the index include R & D expenditure, manufacturing capacity and the concentration of high-tech listed companies.
According to the 2019 Global Innovation Index, which ranks the innovation performance of various countries, Singapore ranks eighth among the most innovative countries in the world and ranks first in Asia.
In the 2019 Global Innovation Index, Singapore retained the top spot as the world’s most competitive economy. The index measures the elements that drive innovation in the national economy.
This business-friendly intellectual property system has helped support the confidence of leading global companies such as Procter & Gamble, Mainland China, and Mead Johnson. All of them have chosen Singapore as their country of choice for investment and R & D, citing the country’s strong intellectual property protection as a factor in their decision-making.
Intellectual Property Ranking | World Economic Forum 2019 Global Competitiveness Report | 2019 International Property Rights Index | 2019 American Chamber of Commerce
International Intellectual Property Index |
2020 Bloomberg Innovation Index | 2019 Global Innovation Index |
1 | Singapore | Finland | United States | Germany | Switzerland |
2 | United States | Switzerland | United Kingdom | Korea | Sweden |
3 | Hong Kong | New Zealand | Sweden | Singapore | United States |
4 | Netherlands | Singapore | France | Switzerland | Netherlands |
5 | Switzerland | Australia | Germany | Sweden | United Kingdom |
6 | Japan | Japan | Ireland | Israel | Finland |
7 | Germany | Sweden | Netherlands | Finland | Denmark |
8 | Sweden | Norway | Japan | Denmark | Singapore |
9 | United Kingdom | Luxembourg | Switzerland | Netherlands | Germany |
10 | Denmark | Netherlands | Singapore | France | Israel |
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