why smes want to manage their ip?

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1 Copyright © IPOS All Rights Reserved Why SMEs want to manage their IP? - insights from the IPM for SMEs programme Viktor Cheng Deputy Director General Infrastructure and Capability Development Department Intellectual Property Office of Singapore CONFIDENTIAL

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Spoke on this topic at Singapore Prestige Brand Award Branding Seminar 2011. SPBA is co-organised by ASME and ZaoBao

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Page 1: Why SMEs want to manage their IP?

1Copyright © IPOSAll Rights Reserved

Why SMEs want to manage their IP?- insights from the IPM for SMEs programme

Viktor Cheng

Deputy Director General

Infrastructure and Capability Development Department

Intellectual Property Office of Singapore

CONFIDENTIAL

Page 2: Why SMEs want to manage their IP?

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CONFIDENTIAL

Copyright © 2011 IPOS

All Rights Reserved

Agenda

• The Myth about IP Management

• Insights from the IPM for SMEs

Programme

• How to get started?

The information stated herein is accurate as of 27 June 2011.

It is intended as a guide only and does not amount to legal advice.

Professional advice must be sought prior to acting on any matter contained within this presentation.

Page 3: Why SMEs want to manage their IP?

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CONFIDENTIAL

Copyright © 2008 IPOS All Rights Reserved

The Myth

2. SMEs have no

IP to manage.

1. The IP

Management

game is not for

SMEs

The information stated herein is accurate as of 27 June 2011.

It is intended as a guide only and does not amount to legal advice.

Professional advice must be sought prior to acting on any matter contained within this presentation.

Page 4: Why SMEs want to manage their IP?

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CONFIDENTIAL

Copyright © 2011 IPOS All Rights Reserved

Insights from the

IPM for SMEs Programme

The information stated herein is accurate as of 27 June 2011.

It is intended as a guide only and does not amount to legal advice.

Professional advice must be sought prior to acting on any matter contained within this presentation.

Page 5: Why SMEs want to manage their IP?

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CONFIDENTIAL

Copyright © 2008 IPOS All Rights Reserved

embarked on

IPM for SMEs

Programme

SMEs are also playing the

IP Management game!

Since 2007,

> 200 SMEs

Insights from the IPM

for SMEs Programme

The information stated herein is accurate as of 27 June 2011.

It is intended as a guide only and does not amount to legal advice.

Professional advice must be sought prior to acting on any matter contained within this presentation.

Page 6: Why SMEs want to manage their IP?

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CONFIDENTIAL

Copyright © 2011 IPOS All Rights Reserved

Insights from the IPM

for SMEs Programme

What IPs do these

SMEs manage?

The information stated herein is accurate as of 27 June 2011.

It is intended as a guide only and does not amount to legal advice.

Professional advice must be sought prior to acting on any matter contained within this presentation.

Page 7: Why SMEs want to manage their IP?

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CONFIDENTIAL

Copyright © 2008 IPOS All Rights Reserved

SMEs do have IP to manage!

Insights from the IPM

for SMEs Programme

Trade Secrets /

Know-hows

Trademarks

Patents

Copyright

The information stated herein is accurate as of 27 June 2011.

It is intended as a guide only and does not amount to legal advice.

Professional advice must be sought prior to acting on any matter contained within this presentation.

Page 8: Why SMEs want to manage their IP?

8

CONFIDENTIAL

Copyright © 2011 IPOS All Rights Reserved

Insights from the IPM

for SMEs Programme

Is IP Management

relevant for all SMEs?

The information stated herein is accurate as of 27 June 2011.

It is intended as a guide only and does not amount to legal advice.

Professional advice must be sought prior to acting on any matter contained within this presentation.

Page 9: Why SMEs want to manage their IP?

9

CONFIDENTIAL

Copyright © 2011 IPOS All Rights Reserved

IP Management is also relevant for

the smaller SMEs!

Insights from the IPM

for SMEs Programme

Annual turnover

<$1mil

Annual turnover

$1mil to <$5mil

Annual turnover

> $5mil

Profile of SMEs who participated in the IPM Programme

The information stated herein is accurate as of 27 June 2011.

It is intended as a guide only and does not amount to legal advice.

Professional advice must be sought prior to acting on any matter contained within this presentation.

Page 10: Why SMEs want to manage their IP?

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CONFIDENTIAL

Copyright © 2011 IPOS All Rights Reserved

Insights from the IPM

for SMEs Programme

Is IP Management relevant

across industry sectors?

The information stated herein is accurate as of 27 June 2011.

It is intended as a guide only and does not amount to legal advice.

Professional advice must be sought prior to acting on any matter contained within this presentation.

Page 11: Why SMEs want to manage their IP?

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CONFIDENTIAL

Copyright © 2011 IPOS All Rights Reserved

Insights from the IPM

for SMEs Programme

Top 5 industry sectors that embarked

on the IPM for SMEs programme

Retail

Education

Electronics

F&B

Manufacturing

The information stated herein is accurate as of 27 June 2011.

It is intended as a guide only and does not amount to legal advice.

Professional advice must be sought prior to acting on any matter contained within this presentation.

Page 12: Why SMEs want to manage their IP?

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CONFIDENTIAL

Copyright © 2011 IPOS All Rights Reserved

Why IP Management is of

interest to the SMEs?

The information stated herein is accurate as of 27 June 2011.

It is intended as a guide only and does not amount to legal advice.

Professional advice must be sought prior to acting on any matter contained within this presentation.

Insights from the IPM

for SMEs Programme

Page 13: Why SMEs want to manage their IP?

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CONFIDENTIAL

Copyright © 2011 IPOS All Rights Reserved

Insights from the IPM

for SMEs Programme

The information stated herein is accurate as of 27 June 2011.

It is intended as a guide only and does not amount to legal advice.

Professional advice must be sought prior to acting on any matter contained within this presentation.

Page 14: Why SMEs want to manage their IP?

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CONFIDENTIAL

Copyright © 2011 IPOS All Rights Reserved

What IPM projects did these

SMEs embarked upon?

Insights from the IPM

for SMEs Programme

The information stated herein is accurate as of 27 June 2011.

It is intended as a guide only and does not amount to legal advice.

Professional advice must be sought prior to acting on any matter contained within this presentation.

Page 15: Why SMEs want to manage their IP?

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CONFIDENTIAL

Copyright © 2011 IPOS All Rights Reserved

Branding

Franchising &

Licensing

Others

Types of Projects undertaken

by these SMEs

Insights from the IPM

for SMEs Programme

The information stated herein is accurate as of 27 June 2011.

It is intended as a guide only and does not amount to legal advice.

Professional advice must be sought prior to acting on any matter contained within this presentation.

Page 16: Why SMEs want to manage their IP?

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CONFIDENTIAL

Copyright © 2011 IPOS All Rights Reserved

Insights from the IPM

for SMEs Programme

What does it take to embark

on IPM projects?

The information stated herein is accurate as of 27 June 2011.

It is intended as a guide only and does not amount to legal advice.

Professional advice must be sought prior to acting on any matter contained within this presentation.

Page 17: Why SMEs want to manage their IP?

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CONFIDENTIAL

Copyright © 2011 IPOS All Rights Reserved

Insights from the IPM

for SMEs Programme

1. The company must have IP to manage.

Trade Secrets /

Know-hows

Trademarks

Patents

Copyright

The information stated herein is accurate as of 27 June 2011.

It is intended as a guide only and does not amount to legal advice.

Professional advice must be sought prior to acting on any matter contained within this presentation.

Page 18: Why SMEs want to manage their IP?

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CONFIDENTIAL

Copyright © 2011 IPOS All Rights Reserved

2. The company must have sufficient cash flow

to follow through the IPM project.

Insights from the IPM

for SMEs Programme

Typical cost of IPM Projects- Consultancy + IP Registration Costs

Branding

($80,000 - $150,000)

Franchising /

Licensing

($70,000 - $160,000)

The information stated herein is accurate as of 27 June 2011.

It is intended as a guide only and does not amount to legal advice.

Professional advice must be sought prior to acting on any matter contained within this presentation.

Page 19: Why SMEs want to manage their IP?

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CONFIDENTIAL

Copyright © 2011 IPOS All Rights Reserved

3. The company must allocate resources to

follow through the IPM project.

Typical # of

manpower

needed

4 - 7pax

(Part-time)

Typical period

of IPM projects

9 – 15 mths

The information stated herein is accurate as of 27 June 2011.

It is intended as a guide only and does not amount to legal advice.

Professional advice must be sought prior to acting on any matter contained within this presentation.

Insights from the IPM

for SMEs Programme

Page 20: Why SMEs want to manage their IP?

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CONFIDENTIAL

Trade Secrets

Innovative Business

Processes

Patents

Product Innovations

Trademarks

Brand / Reputation

Copyrights

Customers Information

UGS is

rich in IPs

Intellectual Property

Retail

Education

Electronics

F&B

Manufacturing

Industry Sector

BrandingFranchising &

Licensing

Project Undertaken

Annual

turnover

<$1mil

Annual turnover

$1mil to <$5mil

Annual

turnover

> $5mil

Company’s size

Copyright © 2011 IPOS All Rights Reserved

Case Study

– Unique Gas Solution Pte Ltd

Page 21: Why SMEs want to manage their IP?

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CONFIDENTIAL

Copyright © 2011 IPOS All Rights Reserved

Benefits derived from Phase 1:SCOPE IPTM of the

IPM for SMEs Programme

Increased

awareness of

company’s

intellectual

assets

Identified IPM

best

practices

relevant to

the business

Realised the

importance of

developing IP

via constant

innovation

Case Study

– Unique Gas Solution Pte Ltd

It has drawn our attention to the weaknesses of our

company.– Jessica Ang, Managing Director, Unique Gas Solution Pte Ltd

The information stated herein is accurate as of 27 June 2011.

It is intended as a guide only and does not amount to legal advice.

Professional advice must be sought prior to acting on any matter contained within this presentation.

Page 22: Why SMEs want to manage their IP?

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CONFIDENTIAL

20082011

Copyright © 2011 IPOS All Rights Reserved

Case Study

– Unique Gas Solution Pte Ltd

Investments made by UGS

in the IPM Project:

1. Manpower support (~7 pax part-

time)

2. Project Period (~9 months)

3. Project Costs (~$150,000

excluding manpower costs)

Increased Revenue

projected:

>40%

The information stated herein is accurate as of 27 June 2011.

It is intended as a guide only and does not amount to legal advice.

Professional advice must be sought prior to acting on any matter contained within this presentation.

Page 23: Why SMEs want to manage their IP?

23

CONFIDENTIAL

Copyright © 2008 IPOS

All Rights Reserved

Contact IPOS at

[email protected]

Or visit www.ipos.gov.sg

for more information

How to get started?

The information stated herein is accurate as of 27 June 2011.

It is intended as a guide only and does not amount to legal advice.

Professional advice must be sought prior to acting on any matter contained within this presentation.