Singapore’s Strategy for Creation, Ownership, Protection and Exploitation of IP

The Intellectual Property Office of Singapore (IPOS) introduced a national standard of a management and auditing tool named Strategies for Creation, Ownership, Protection and Exploitation of Intellectual Property, or "SCOPE-IP". In our technology driven world, intellectual property ("IP") plays a critical role and successful companies recognise the importance of performing due diligence so as to aggressively exploit their IPs to full potential.

SCOPE-IP is a tool designed to assist businesses in adopting best practices in IP management so that they may take full advantage of their IP assets to maximize shareholder.

SCOPE-IP was introduced in phases. Phase One of SCOPE-IP is available on a complimentary basis from IPOS via an online self-assessment diagnostic tool. The tool helps senior managers to identify and take stock of their IP and identify the strengths and weaknesses within the organisation in their protection and use of their IP assets.