EverEdge and IP ValueLab have signed an agreement to cooperate on providing strategic intellectual property and intangible asset advisory services in Singapore.
The agreement positions the NZ founded private commercialisation firm well to expand into a burgeoning intellectual property market through its new office in Singapore and its first in Asia, joining existing offices in the United States, the United Kingdom, Australia and New Zealand.
It certainly comes at a good time, as research reveals Asia saw the highest number of applications for patents, trademarks and industrial designs of any region in 2015, including 61.9 percent of patent applications around the globe.
The multi-year cooperation between EverEdge and IP ValueLab aims to support Singapore in its goal to help enterprises scale up and drive economic growth.
EverEdge and IP ValueLab will work together to help Singaporean companies unlock the value of their intangible assets through customised advisory services and a suite of intangible asset management tools.
“Singapore is at the cutting edge internationally in its approach to commercialising intellectual property and intangible assets,” says EverEdge Global CEO, Paul Adams.
“IPOS was recently ranked as the second most innovative intellectual property office in the world. To be selected to partner with IP ValueLab and IPOS is a major recognition of the skills, expertise and tools EverEdge has built over the last decade.”
The Global Innovation Index reveals Singapore has consistently been ranked number one in Asia for its IP regime and was was ranked the sixth most innovative country in the world in the 2017 Bloomberg Innovation Index.
“Singapore’s future growth lies in our ability to create value from intangible assets and intellectual property. This requires world-class commercially focused expertise,” says CEO of IPOS and chairman of IP ValueLab, Darren Tang.
“EverEdge brings a wealth of international experience and strategic expertise that is unique in this area. The EverEdge team, working with IPValueLab will help Singaporean companies to take a major step up in how they identify, create, manage and commercialise their intellectual property and intangible assets.”
Executive director of IP ValueLab, Tan Shau En shares these sentiments.
“This cooperation combines the international reach and knowledge of EverEdge with the extensive local experience of IP ValueLab,” says Shau En.
“Together, we look forward to delivering expertise, assistance and tools that will add tremendous value to companies and entrepreneurs.”