Introduction on IP ValueLab
IP ValueLab is the wholly owned subsidiary of the Intellectual Property Office of Singapore (IPOS), with a mission to help Singaporean companies commercialise their intangible assets for exponential profits and growth. It delivers intangible asset strategy and management consultancy for businesses to gain a sustainable competitive edge in their innovations and reap maximum returns on investments.
Intangible assets account for up to 87%* of leading companies’ market value today. Beyond intellectual property rights such as patents, trademarks, registered designs and copyright, intangibles also include trade secrets, confidential information, industrial know-how, software code, data, content, domains and more.
Through direct engagements, IP ValueLab empowers enterprises to strategically manage these resources to yield new areas of business and profitability, and formulate a growth strategy. To offset the costs of these engagements, it administers SPRING Singapore’s Collaborative Industry Projects (CIP) grant to qualifying companies. IP ValueLab is also a partner of the Makara Innovation Fund, and facilitates IP business due diligence and advisory.
*Source: Ocean Tomo LLC
Deep IP Expertise Through The Cooperation
IP ValueLab is headed by Executive Director Tan Shau En, who is also the Assistant Chief Executive (Commercialisation) and Chief Financial Officer of IPOS. IP ValueLab’s interdisciplinary team of IPM advisors is formed in cooperation with EverEdge Global, one of the world’s top intangible asset strategy and management firms. Together, it is committed to assisting Singapore businesses and entrepreneurs across a wide range of industries to unlock the value of their intangible assets. Its advisory services include:
- Intangible Asset Audit
Systematic stock-take to uncover key intangible assets, identify internal and external risks to a company’s bottom line, and determine hidden gaps and opportunities.
- Intangible Asset Strategy and Management
Robust strategies to create a sustainable competitive edge, strengthen market position and chart growth plans, aligned to business strategy and goals.
- Bespoke Advisory
Business and technology intelligence reports, commercial analytics on patents or due diligence on intangible assets, to build innovation roadmap or seek investor funding.
Other Forms of Engagement
Businesses can also access IP ValueLab’s self-help business portal www.ipvaluelab.com.sg to gain a broad understanding of how intangible assets have transformed Singaporean companies, or attend its regular speaking engagements.