IP Office of Singapore rejigs trademark fees; chief executive calls on all IP offices to transform into “innovation agencies”
The Intellectual Property Office of Singapore (IPOS) has announced it is slashing trademark filing fees in an effort to “keep them competitive with other countries”, although trademark renewal fees are set to rise “to discourage IP hoarding”. The move comes at a time when IPOS chief executive, Daren Tang, is urging IP offices to evolve beyond simply administrating an IP register.
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