Friday, September 24 2021   \  Published by IPOS.

Harnessing IP to Build Back Better

Harnessing IP to Build Back Better

By Daren Tang

Boosting use of intellectual property, nurturing innovation and addressing financing issues will help drive the world's post pandemic growth and recovery.

March 11, 2020 will echo through history as the day on which the World Health Organisation officially declared COVID-19 a global pandemic. 

Since then, many lives and livelihoods have been lost, and the global economy has been severely impacted. 

At the same time, human ingenuity has risen to the challenge and allowed for the fastest ever development of vaccines in history. 

The same spirit or inventiveness has also transformed the way we work, live and play. Connecting virtually has become as natural as meeting over a cup of coffee, and will continue to be part of our lives in the new normal. 

Through these disruptions and changes, the innovative sectors of the global economy have remained resillient. In 2020, international patent filings increased by 3.5 percent. Venture capital deals in developing regions surged, growing by over 25 percent and 80 percent in Asia and Africa respectively. Continue Reading

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