SINGAPORE: The number of patent filings by local entities has increased by more than 30 per cent from 2008 to 2012.
Last year alone, Singapore received close to 9,700 patent applications.
Senior Parliamentary Secretary (SPS) for Ministry of Communications and Information and Ministry of Education, Ms Sim Ann, said this at an event commemorating World Intellectual Property day on Friday.
She added that intellectual property (IP) is increasingly recognised as a key driver of business and economic growth.
The launch of the first IP activity booklet for youths also took place at the event.
Titled "A Day in the Life of Jacob", the book will be distributed to 50,000 Primary Five students nationwide to help them make informed decisions when faced with IP dilemmas.
The booklet will guide the students to identify sources of IP in their daily lives.
More than 1,000 members of the public celebrated World Intellectual Property Day at Toa Payoh with a slew of activities related to IP.
Organisers said the aim of the event is to demystify ""Intellectual Property" to heartlanders by showing that IP is commonplace and needs to be protected.
The finale included a music segment where homegrown singer-songwriter Derrick Hoh performed his original compositions, a dance performance by local dance group Radikal Forze and a “live” 3D-effect video mapping show which also comprised a fashion show by local designer Jo Soh. - CNA/xq
MORE SINGAPORE NEWS
Latest Photo Galleries on xinmsn
A service was held for former South African president Nelson Mandela in Saint Catherine's Church in Bethlehem on Sunday. Duration: 00:54
Date 2 hrs ago, Duration 0:54, Views 18